Form 8582-CR, Passive Activity Credit Limitations

Noncorporate taxpayers use Form 8582-CR to:

Form 8582-CR

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.