SM_Ch_07_Problem_91_8582

SM_Ch_07_Problem_91_8582 - Form 8582 Passive Activity Loss...

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Form 8582 Department of the Treasury Internal Revenue Service (99) Passive Activity Loss Limitations See separate instructions. Attach to Form 1040 or Form 1041. OMB No. 1545-1008 20 10 Attachment Sequence No. 88 Name(s) shown on return Identifying number Part I 2010 Passive Activity Loss Caution: Complete Worksheets 1, 2, and 3 on page 2 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 on page 3 of the instructions.) 1 a Activities with net income (enter the amount from Worksheet 1, column (a)) . . . . . . . . . . . . . . . . . . 1a b Activities with net loss (enter the amount from Worksheet 1, column (b)) . . . . . . . . . . . . . . . . . . . . . 1b ( ) c Prior years unallowed losses (enter the amount from Worksheet 1, column (c)) . . . . . . . . . . . . . . . . . . 1c ( ) d Combine lines 1a, 1b, and 1c . . . . . . . . . . . . . . . . . . . . . . 1d Commercial Revitalization Deductions From Rental Real Estate Activities 2 a Commercial revitalization deductions from Worksheet 2, column (a) . 2a ( ) b Prior year unallowed commercial revitalization deductions from Worksheet 2, column (b) . . . . . . . . . . . . . . 2b ( ) c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . 2c ( ) All Other Passive Activities 3 a Activities with net income (enter the amount from Worksheet 3, column (a)) . . . . . . . . . . . . . . . . . . 3a b Activities with net loss (enter the amount from Worksheet 3, column (b)) . . . . . . . . . . . . . . . . . . . . . 3b ( ) c Prior years unallowed losses (enter the amount from Worksheet 3, column (c)) . . . . . . . . . . . . . . . . . . 3c ( ) d Combine lines 3a, 3b, and 3c
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This note was uploaded on 02/03/2012 for the course ENG 101 taught by Professor Bob during the Spring '11 term at Canisius College.

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SM_Ch_07_Problem_91_8582 - Form 8582 Passive Activity Loss...

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