Passive losses normally can be used to offset other passive income such as interest and dividends.

Name: Passive losses normally can be used to offset other passive income such as interest and dividends.
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Quizplus · Accepted Answer

Passive losses can be used to offset passive income, but interest and dividends are typically considered portfolio income, not passive income, and thus cannot be offset by passive losses under tax regulations.

Passive Losses Normally Can Be Used to Offset Other Passive