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Level 2
posted Dec 7, 2023 2:59:55 PM

I have a net non-passive loss on Sched E from partnership income. Can I offset this loss against income such as interest inc not reported on Sched E?

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1 Best answer
Level 15
Dec 7, 2023 3:35:05 PM

You can use such nonpassive losses to offset any other type of income.

2 Replies
Level 15
Dec 7, 2023 3:35:05 PM

You can use such nonpassive losses to offset any other type of income.

Level 2
Dec 11, 2023 5:04:38 AM

Thanks so much. I appreciate it