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Passive Activity Loss Limitations OMB No. 1545-1008
Form 8582 See separate instructions.
Department of the Treasury Attach to Form 1040, 1040-SR, or 1041. 2023
Attachment
Internal Revenue Service Go to www.irs.gov/Form8582 for instructions and the latest information. Sequence No. 858
Name(s) shown on return Identifying number
Part I 2023 Passive Activity Loss
Caution: Complete Parts IV and V before completing Part I.
Rental Real Estate Activities With Active Participation (For the definition of active participation, see Special
Allowance for Rental Real Estate Activities in the instructions.)
1 a Activities with net income (enter the amount from Part IV, column (a)) . . . 1a
b Activities with net loss (enter the amount from Part IV, column (b)) . . . . 1b ( )
c Prior years’ unallowed losses (enter the amount from Part IV, column (c)) . . 1c ( )
d Combine lines 1a, 1b, and 1c . . . . . . . . . . . . . . . . . . . . . . . . 1d
All Other Passive Activities
2a Activities with net income (enter the amount from Part V, column (a)) . . . 2a
b Activities with net loss (enter the amount from Part V, column (b)) . . . . 2b ( )
c Prior years’ unallowed losses (enter the amount from Part V, column (c)) . . 2c ( )
d Combine lines 2a, 2b, and 2c . . . . . . . . . . . . . . . . . . . . . . . . 2d
3 Combine lines 1d and 2d and subtract any prior year unallowed CRD. See instructions. If this line is
zero or more, stop here and include this form with your return; all losses are allowed, including any
prior year unallowed losses entered on line 1c or 2c. Report the losses on the forms and schedules
normally used . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
If line 3 is a loss and: • Line 1d is a loss, go to Part II.
• Line 2d is a loss (and line 1d is zero or more), skip Part II and go to line 10.
Caution: If your filing status is married filing separately and you lived with your spouse at any time during the year, do not complete
Part II. Instead, go to line 10.
Part II Special Allowance for Rental Real Estate Activities With Active Participation
Note: Enter all numbers in Part II as positive amounts. See instructions for an example.
4 Enter the smaller of the loss on line 1d or the loss on line 3 . . . . . . . . . . . . . . 4
5 Enter $150,000. If married filing separately, see instructions . . . . . . 5
6 Enter modified adjusted gross income, but not less than zero. See instructions 6
Note: If line 6 is greater than or equal to line 5, skip lines 7 and 8 and enter -0-
on line 9. Otherwise, go to line 7.
7 Subtract line 6 from line 5 . . . . . . . . . . . . . . . . . 7
8 Multiply line 7 by 50% (0.50). Do not enter more than $25,000. If married filing separately, see instructions 8
9 Enter the smaller of line 4 or line 8. If line 3 includes any CRD, see instructions . . . . . . . . 9
Part III Total Losses Allowed
10 Add the income, if any, on lines 1a and 2a and enter the total . . . . . . . . . . . . . . 10
11 Total losses allowed from all passive activities for 2023. Add lines 9 and 10. See instructions to find
out how to report the losses on your tax return . . . . . . . . . . . . . . . . . . 11
Part IV Complete This Part Before Part I, Lines 1a, 1b, and 1c. See instructions.
Current year Prior years Overall gain or loss
Name of activity
(a) Net income (b) Net loss (c) Unallowed (d) Gain (e) Loss
(line 1a) (line 1b) loss (line 1c)
Total. Enter on Part I, lines 1a, 1b, and 1c
For Paperwork Reduction Act Notice, see instructions. Cat. No. 63704F Form 8582 (2023)
