About Form 8582-CR, Passive Activity Credit Limitations
Noncorporate taxpayers use Form 8582-CR to:
- Figure the amount of any passive activity credit (PAC) for the current tax year (including any prior year unallowed credits) and the amount of credit allowed for the current year.
- Make the election to increase the basis of credit property when a taxpayer disposes of his or her interest in an activity.
None at this time.
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Page Last Reviewed or Updated: 26-Sep-2022