Form 8582 (1990) Page 4
Worksheet 4—Allocation of Unallowed Losses (See Instructions on page 8.)
Li Unatlowed
Name of activity Flobe reported on (see fntietions) (Seelretructons,) elnstructions)
Total . fd 1.00
Worksheet 5—Allowed Losses (See Instructions on page 8.)
b) Unallowed ‘Allowed |
Name of activity FUberopetedon (Gee (ruetions.) Qe Instructions) © Mansions
Total . Pee eee fd
Worksheet 6—Activities With Losses Reported on 2 or More Different Forms or Schedules (See Instructions on page 9.)
: (a) (b) (c) Ratio (d) Unallowed loss | (e) Allowed loss
Name of Activity: (See Instr.) (See Instr.) & instr.) @ (See Instr.) (Gee Instr.)
Form or Schedule
to be Reported on:
la Net loss plus prior year unallowed
loss from form orschedule. . >
b Net income from form or
schedule . . . . >
¢ Subtract line 1b from line la. If-0-
orless,enter-O-. . 2... . >
Form or Schedule
to be Reported on:
la Net loss plus prior year unallowed
loss from form orschedule, . > x
b Net income from form or
schedule. . . . a
¢ Subtract line 1b from line la. If F-0-
orless, enter -O- . >
Form or Schedule
to be Reported on:
la Net loss plus prior year unallowed
loss from form or schedule. . >
b Net income from form or Yy
schedule . . . >
¢ Subtract line 1b from line 1a. If -0-
orless, enter -O- . >
Total Pree > 1.00

‘#U.S.GPO:1990-0-265-304


fom 8582 Passive Activity Loss Limitations |__OMB No. 1845-1008 _

> See separate Instructions. 1990

Department of the Treasu > Attach to Form 1040 or Form 1041.
Internal Revenue Service eeacaree no.
Name(s) shown on return Identifying number

{Part || Computation of 1990 Passive Activity Loss
Caution: See the Instructions for Worksheets 1 and 2 on page 7 before completing Part |.

Rental Real Estate Activities With Active Participation (For the definition of active participation see
Active Participation In a Rental Real Estate Activity in the Instructions.)

Activities acquired before 10-23-86 (Pre-enactment):

la Activities with net income (from Worksheet 1, Part 1, column(a)). . | 1a
1b Activities with net loss (from Worksheet 1, Part 1,column(b)). . . LJb
le Combine lines la and 1b 2... Lhe

Activities acquired after 10-22-86 (Post-enactmen 2
1d_ Activities with net income (from Worksheet 1, Part 2, column(a)). . {1d
le Activities with net loss (from Worksheet 1, Part2,column(b)). . . [le
lf Combinelinesldandle . . . .. ees. Ut Vhs
1g Netincome or (loss). Combine lines. te and it. woe re oo
1h Prior year unallowed losses (from Worksheet 1, Parts 1 and ‘2, column ©) woe eee ee ee Ph

—1li_Combine lines igandlh_.

All Other Passive Activities

Activities acquired before 10-23-86 (Pre-enactment):
2a Activities with net income (from Worksheet 2, Part 1, column(a)). . [2a
2b Activities with net loss (from Worksheet 2, Part 1, column(b)), . . [2b
2c Combinelines2aand2b. . . . - es pee

Activities acquired after 10-22-86 (Post. enactment):
2d = Activities with net income (from Worksheet 2, Part 2, column(a)). . 2d
2e Activities with net loss (from Worksheet 2, Part2,column(b)). . . [2e
2f Combinelines2dand2e . . . se ew we. Let Vs
2g Netincome or (loss). Combine lines 2c and at. woe coe ee ee FRE
2h_ Prior year unallowed losses (from Worksheet 2, Parts 1 and ‘2, column oO. woe ee eee ERR
2i__Combine lines 2gand2h__. _| 2i
3 > Combine lines 1i and 2i. If the result is net income or -0-, see the 1 Instructions fori line 3. 3. f this line and

line 1c or line Liare losses, go to line 4. Otherwise, enter -0- on lines 8. and 9 and go to line 10 3
Note: Treat all numbers entered in Parts II and III as positive amounts. (See Instructions on page 8 for examples.)
Computation of the Special Allowance for Rental Real Estate With Active Participation

4 Enter the smaller of the loss on line 1i or the loss on line 3. If line 1i is -O- or net income, enter -O- and

complete lines 5through9. . . . Soe ee ee ee ee Le
5 Enter $150,000. If married filing separately, see the Instructions . . 5
6 Enter modified adjusted gross income, but not less than -0- (see Instructions) . 7

Note: /f line 6 is equal to or greater than line 5, skip line 7, enter -O- on
lines 8 and 9, and then go to line 10. Otherwise, go to line 7.

7 Subtract line6fromline5 . . 7 a
8 = Multiply line 7 by 50% (.5). Do not enter more e than $25,000. it married filing separately, see

Instructions : 8

Enterthe smaller ofline 4orline8_. . Fe:

Computation of Passive Activity Loss ‘Allowed

10 Combine lines 1c and 2c. If the result is net income or -O-, skip to line 16. (See Instructions.) . . . {10
11. Ifline 1c shows income, has no entry, or shows -0-, enter -0-. Otherwise, enter the smaller of line Icorline8, , L121
12 Subtract line 11 from line 10. If line 11 is equal to or greater than line10,enter-O- . . . . . . [42
13 Subtractline9fromline3 2. 2 2 ee ee ee HB
14 Enterthesmallerofline1Zorline13_ 2. ww ee ee ee ee LO
15 Multiply ine 14 by 10% (.1)andentertheresult. . . 22... 1... LBS
16 Entertheamountfromline9 . . soe ee eee eee. LE
17 Passive activity loss allowed for 1990. Addlines 1Sand16.. =... 2... . [a2
18 Add the income, if any, on lines 1a, 1d, 2a, and 2dandenterthetotal . . . 18
19 Total losses allowed from all passive activities for 1990. Add lines 17 and 18. See the Instructions

to find out how to report the losses on your taxreturn. . . . 19

For Paperwork Reduction Act Notice, see separate Instructions. Form 8582 (1990)




Caution: The worksheets are not required to be filed with your tax return and may be

Form 8582(1990) detached before filing Form 8582. Keep a copy of the worksheets for your records. Page 3
Worksheet 1—For Form 8582, Lines 1a, 1b, 1d, 1e, and 1h (See Instructions on page 7.)
Part 1—Pre-enactment Interests Current year Prior year Overall gain or loss
7 (a) Net income (b) Net loss. (c) Unallowed
Name of activity Mine 1s) dine 1b) | oss(line hy | “6” (e) Loss
Total. Enter on Form 8582, lines la
andib. . . . 7. se
Part 2—Post-enactment Interests
(a) Net income (b) Net loss
Name of activity eras 7 ies (@) Gain (e) Loss
Total. Enter on Form 8582, lines 1d,
le, and 1h . ad
Worksheet 2—For Form 8582, Lines 2a, 2b, 2d, 2e, and 2h (See Instructions on page 7.)
Part 1—Pre-enactment Interests Current year Prior year Overall gain or loss
ivi ‘a) Net income 'b) Net loss (c) Unallowed
Name of activity (Mitte De) Neto | Qxecine 2h) (4) Gain (e) Loss
Total. Enter on Form 8582, lines 2a J
and2b.. . ee ee
Part 2—Post-enactment Interests
(a) Net incom b) Net loss x
Name of activity (a) Net income | Neos (eyGain (e) Loss
Total. Enter on Form 8582, lines 2d,
2eand2h.. . 7
Worksheet 3—Use this worksheet if an amount Is shown on Form 8582, line 9 (See Instructions on page 8.)
(d) Subtract column
Name of activity Trmersaedtle | see fRltactions | cSeeletuctions) | Gecintractone) | SQeamcoumn
Total 1.00