Form 8582-CR, Passive Activity Credit Limitations
- Latest Revision
- Updated: 11/23/2019
- Successful Requests: 1,036,357
- Instructions Included: Yes
Noncorporate taxpayers use Form 8582-CR to:
None at this time.
- 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.