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

2009

Attachment 

Sequence No. 88

Name(s) shown on return Identifying number

Part I 2009 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 . . . . . . . . . . . . . . . . . . . . . . 3d

4 Combine lines 1d, 2c, and 3d. If the result is net income or zero, all losses are allowed, including 

any prior year unallowed losses entered on line 1c, 2b, or 3c. Do not complete Form 8582. 

Report the losses on the forms and schedules normally used . . . . . . . . . . . . 4 

If line 4 is a loss and: • Line 1d is a loss, go to Part II. 

• Line 2c is a loss (and line 1d is zero or more), skip Part II and go to Part III. 

• Line 3d is a loss (and lines 1d and 2c are zero or more), skip Parts II and III and go to line 15.

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 or Part III. Instead, go to line 15.

Part II Special Allowance for Rental Real Estate Activities With Active Participation

Note: Enter all numbers in Part II as positive amounts. See page 8 of the instructions for an example.

5 Enter the smaller of the loss on line 1d or the loss on line 4 . . . . . . . . . . . . 5 

6 Enter $150,000. If married filing separately, see page 8 . . . . 6 

7 Enter modified adjusted gross income, but not less than zero (see page 8) 7 

Note: If line 7 is greater than or equal to line 6, skip lines 8 and 9, 

enter -0- on line 10. Otherwise, go to line 8.

8 Subtract line 7 from line 6 . . . . . . . . . . . . . 8 

9 Multiply line 8 by 50% (.5). Do not enter more than $25,000. If married filing separately, see page 8 9 

10 Enter the smaller of line 5 or line 9 . . . . . . . . . . . . . . . . . . . . 10 

If line 2c is a loss, go to Part III. Otherwise, go to line 15.

Part III Special Allowance for Commercial Revitalization Deductions From Rental Real Estate Activities

Note: Enter all numbers in Part III as positive amounts. See the example for Part II on page 8 of the instructions.

11 Enter $25,000 reduced by the amount, if any, on line 10. If married filing separately, see instructions 11 

12 Enter the loss from line 4 . . . . . . . . . . . . . . . . . . . . . . . . 12 

13 Reduce line 12 by the amount on line 10 . . . . . . . . . . . . . . . . . . 13 

14 Enter the smallest of line 2c (treated as a positive amount), line 11, or line 13 . . . . . . 14 

Part IV Total Losses Allowed

15 Add the income, if any, on lines 1a and 3a and enter the total . . . . . . . . . . . . 15 

16 Total losses allowed from all passive activities for 2009. Add lines 10, 14, and 15. See page 11 of 

the instructions to find out how to report the losses on your tax return . . . . . . . . . . 16 

For Paperwork Reduction Act Notice, see page 12 of the instructions. Cat. No. 63704F Form 8582 (2009) 
Form 8582 (2009) Page 2 

Caution: The worksheets must be filed with your tax return. Keep a copy for your records.

Worksheet 1—For Form 8582, Lines 1a, 1b, and 1c (See pages 7 and 8 of the instructions.)

Name of activity

Current year

(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 Form 8582, lines 1a, 1b, 

and 1c . . . . . . . . . . . ©

Worksheet 2—For Form 8582, Lines 2a and 2b (See page 8 of the instructions.)

Name of activity (a) Current year 

deductions (line 2a)

(b) Prior year 

unallowed deductions (line 2b) (c) Overall loss

Total. Enter on Form 8582, lines 2a and 

2b . . . . . . . . . . . . ©

Worksheet 3—For Form 8582, Lines 3a, 3b, and 3c (See page 8 of the instructions.)

Name of activity

Current year

(a) Net income 

(line 3a)

(b) Net loss 

(line 3b)

Prior years

(c) Unallowed 

loss (line 3c)

Overall gain or loss

(d) Gain (e) Loss 

Total. Enter on Form 8582, lines 3a, 3b, 

and 3c . . . . . . . . . . . ©

Worksheet 4—Use this worksheet if an amount is shown on Form 8582, line 10 or 14 (See page 9 of the instructions.)

Name of activity

Form or schedule 

and line number 

to be reported on 

(see instructions)

(a) Loss (b) Ratio (c) Special 

allowance

(d) Subtract 

column (c) from 

column (a)

Total . . . . . . . . . . . . . . . . . © 

Worksheet 5—Allocation of Unallowed Losses (See page 9 of the instructions.)

Name of activity

Form or schedule 

and line number 

to be reported on 

(see instructions)

(a) Loss (b) Ratio (c) Unallowed loss

Total . . . . . . . . . . . . . . . . . . . ©

Form 8582 (2009) 
Form 8582 (2009) Page 3 

Worksheet 6—Allowed Losses (See pages 9 and 10 of the instructions.)

Name of activity

Form or schedule 

and line number to 

be reported on (see 

instructions)

(a) Loss (b) Unallowed loss (c) Allowed loss

Total . . . . . . . . . . . . . . . . . . . ©

Worksheet 7—Activities With Losses Reported on Two or More Forms or Schedules (See page 10 of the 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):

1 a 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):

1 a 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):

1 a 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- ©

Total . . . . . . . . . . . . . . . . . . © 1.00

Form 8582 (2009)