Corporate Passive Activity Loss and Credit Limitations                             OMB No. 1545-0123
Form 8810
                           Attach to your tax return (personal service and closely held corporations only). 
Department of the Treasury Go to www.irs.gov/Form8810 for instructions and the latest information.            2024
Internal Revenue Service
Name                                                                                                        Employer identification number

Part I   2024 Passive Activity Loss
         Caution: See the instructions and complete Worksheets 1 and 2 before completing Part I.

1a      Current year income (from Worksheet 2, column (a))  . .      1a

b       Current  year  deductions  and  losses  (from  Worksheet  2, 
        column (b))  . . . . . . . . . . . . . . . . .               1b (                               )

c       Prior year unallowed losses (from Worksheet 2, column (c))   1c (                               )

d       Combine lines 1a, 1b, and 1c. If the result is net income or zero, see instructions . .             1d

2       Closely  held  corporations  enter  net  active  income  and  see  instructions.  Personal 
        service corporations enter -0- on this line  . . . . . . . . . . . . . . . .                        2 

3       Unallowed passive activity deductions and losses.      Combine lines 1d and 2. If the 
        result is net income or zero, see the instructions for lines 1d and 3. Otherwise, go to 
        line 4  . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                                   3 

4       Total deductions and losses allowed. Add the income, if any, on lines 1a and 2 and 
        enter the result (see instructions)  . . . . . . . . . . . . . . . . . . .                          4 
Part II  2024 Passive Activity Credits
         Caution: See the instructions and complete Worksheet 5 before completing Part II.

5a      Current year credits (from Worksheet 5, column (a))  . .     5a

b       Prior year unallowed credits (from Worksheet 5, column (b))  5b

6       Add lines 5a and 5b  . . . . . . . . . . . . . . . . . . . . . . . .                                6 

7       Enter  the  tax  attributable  to  net  passive  income  and  net  active  income.  See 
        instructions  . . . . . . . . . . . . . . . . . . . . . . . . . . .                                 7 

8       Unallowed passive activity credit.  Subtract line 7 from line 6. If the result is zero or 
        less, enter -0-  . . . . . . . . . . . . . . . . . . . . . . . . . .                                8 

9       Allowed passive activity credit.  Subtract line 8 from line 6. See instructions . . .               9 
Part III Election To Increase Basis of Credit Property
10      If the corporation disposed of its entire interest in a passive activity or former passive activity in a fully 
        taxable transaction, and the corporation elects to increase the basis of credit property used in that activity 
        by the unallowed credit that reduced the property’s basis, check this box. See instructions  . . . . . .  

11      Name of passive activity disposed of: 

12      Description of the credit property for which the election is being made: 

13      Amount of unallowed credit that reduced the property’s basis . . . . . . . .               $
For Paperwork Reduction Act Notice, see separate instructions.          Cat. No. 10356T                       Form 8810 (2024)