Federal Passive Activity Loss Limitations

Passive Activity Loss Limitations
2023 Form 8582
Form

8582

Department of the Treasury
Internal Revenue Service

Passive Activity Loss Limitations

OMB No. 1545-1008

2023

See separate instructions.
Attach to Form 1040, 1040-SR, or 1041.
Go to www.irs.gov/Form8582 for instructions and the latest information.

Attachment
Sequence No. 858
Identifying number

Name(s) shown on return

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.)
1a
b
c
d

Activities with net income (enter the amount from Part IV, column (a)) .
Activities with net loss (enter the amount from Part IV, column (b)) . .
Prior years’ unallowed losses (enter the amount from Part IV, column (c))
Combine lines 1a, 1b, and 1c . . . . . . . . . . . . . .

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1a
1b (
1c (
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2a
2b (
2c (
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1d

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All Other Passive Activities
2a
b
c
d

Activities with net income (enter the amount from Part V, column (a)) .
Activities with net loss (enter the amount from Part V, column (b)) . .
Prior years’ unallowed losses (enter the amount from Part V, column (c))
Combine lines 2a, 2b, and 2c . . . . . . . . . . . . . .

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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
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5
6

7
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9

Note: Enter all numbers in Part II as positive amounts. See instructions for an example.
Enter the smaller of the loss on line 1d or the loss on line 3 . . . . . . . . . . . . . .
Enter $150,000. If married filing separately, see instructions . . . . . .
5
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 -0on line 9. Otherwise, go to line 7.
Subtract line 6 from line 5 . . . . . . . . . . . . . . . . .
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Multiply line 7 by 50% (0.50). Do not enter more than $25,000. If married filing separately, see instructions
Enter the smaller of line 4 or line 8. If line 3 includes any CRD, see instructions . . . . . . . .

Part III
10
11

Special Allowance for Rental Real Estate Activities With Active Participation

8
9

Total Losses Allowed

Add the income, if any, on lines 1a and 2a and enter the total . . . . . . . . . . . . . .
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
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Part IV

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10
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Complete This Part Before Part I, Lines 1a, 1b, and 1c. See instructions.
Current year
Name of activity

(a) Net income
(line 1a)

(b) Net loss
(line 1b)

Prior years
(c) Unallowed
loss (line 1c)

Overall gain or loss
(d) Gain

(e) Loss

Total. Enter on Part I, lines 1a, 1b, and 1c
For Paperwork Reduction Act Notice, see instructions.

Cat. No. 63704F

Form 8582 (2023)

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Form 8582 (2023)

Part V

Complete This Part Before Part I, Lines 2a, 2b, and 2c. See instructions.
Prior years

Current year
Name of activity

(a) Net income
(line 2a)

(b) Net loss
(line 2b)

(c) Unallowed
loss (line 2c)

Overall gain or loss
(d) Gain

(e) Loss

(c) Special
allowance

(d) Subtract
column (c) from
column (a).

Total. Enter on Part I, lines 2a, 2b, and 2c

Part VI

Use This Part if an Amount Is Shown on Part II, Line 9. See instructions.
Form or schedule
and line number
to be reported on
(see instructions)

Name of activity

Total

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Part VII

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Part VIII

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Form or schedule
and line number
to be reported on
(see instructions)

1.00

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(a) Loss

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Form or schedule
and line number
to be reported on
(see instructions)

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(b) Ratio

(c) Unallowed loss

1.00

Allowed Losses. See instructions.
Name of activity

Total

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(b) Ratio

Allocation of Unallowed Losses. See instructions.
Name of activity

Total

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(a) Loss

(a) Loss

(b) Unallowed loss

(c) Allowed loss

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Form 8582 (2023)

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Form 8582 (2023)

Part IX

Activities With Losses Reported on Two or More Forms or Schedules. See instructions.

Name of activity:

(a)

(b)

(c) Ratio

(d) Unallowed
loss

(e) Allowed
loss

Form or schedule and line number to
be reported on (see instructions):
1a

Net loss plus prior year unallowed
loss from form or schedule . .

b Net income from form or schedule
c

Subtract line 1b from line 1a. If zero or less, enter -0-

Form or schedule and line number to
be reported on (see instructions):
1a

Net loss plus prior year unallowed
loss from form or schedule . .

b Net income from form or schedule
c

Subtract line 1b from line 1a. If zero or less, enter -0-

Form or schedule and line number to
be reported on (see instructions):
1a

Net loss plus prior year unallowed
loss from form or schedule . .

b Net income from form or schedule
c
Total

Subtract line 1b from line 1a. If zero or less, enter -0.

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1.00
Form 8582 (2023)