in investors may not be able to use losses from the Partnership to reduce income therefrom. Deductibility of Partnership Investment Expenditures by Individual Partners and by Trusts and Estates. Subject to certain exceptions, all miscellaneous itemized deductions of an individual taxpayer, and certain of such dedu

Class A shares elects to pay tax on such gain or dividend income at ordinary income rates. Deductibility of Partnership Investment Expenditures by Individual Partners and by Trusts and Estates. Subject to certain exceptions, all miscellaneous itemized deductions of an individual taxpayer, and certain of such dedu