1224 Form 8582-CR (PDF) — verbatim text

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f8582cr.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

Form 8582-CR¶

(Rev. December 2024) Department of the Treasury Internal Revenue Service

Exceptions & meaning →

Passive Activity Credit Limitations¶

Attach to Form 1040, 1040-SR, or 1041. Go to www.irs.gov/Form8582CR for instructions and the latest information.

OMB No. 1545-1034

Attachment Sequence No. 89

Name(s) shown on return Identifying number

Part I Passive Activity Credits Caution: If you have credits from a publicly traded partnership, see Publicly Traded Partnerships (PTPs) in the instructions.

Credits From Rental Real Estate Activities With Active Participation (Other Than Rehabilitation Credits and Low-Income Housing Credits) (See Lines 1a through 1c in the instructions.) 1 a Credits from Worksheet 1, column (a). . . . . . . . . . . . . . 1a b Prior year unallowed credits from Worksheet 1, column (b) . . . . . . . 1b c Add lines 1a and 1b . . . . . . . . . . . . . . . . . . . . . . . . . . .	1c
Rehabilitation Credits From Rental Real Estate Activities and Low-Income Housing Credits for Property Placed in Service Before 1990 (or From Pass-Through Interests Acquired Before 1990) (See*Lines 2a through 2cin the instructions.) 2 a* Credits from Worksheet 2, column (a). . . . . . . . . . . . . . 2a b Prior year unallowed credits from Worksheet 2, column (b) . . . . . . . 2b c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . . .	2c
Low-Income Housing Credits for Property Placed in Service After 1989(See**Lines 3a through 3c in the instructions.) 3a Credits from Worksheet 3, column (a). . . . . . . . . . . . . . 3a b Prior year unallowed credits from Worksheet 3, column (b) . . . . . . . 3b c **Add lines 3a and 3b . . . . . . . . . . . . . . . . . . . . . . . . . . .	3c
All Other Passive Activity Credits(See*Lines 4a through 4cin the instructions.) 4 a* Credits from Worksheet 4, column (a). . . . . . . . . . . . . . 4a b Prior year unallowed credits from Worksheet 4, column (b) . . . . . . . 4b c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . .	4c
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.	5
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.	6
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.	7
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.

Note: Complete this part only if you have an amount on line 1c. Otherwise, go to Part III.

Form 8582-CR (Rev. 12-2024) Page 2 Part III Special Allowance for Rehabilitation Credits From Rental Real Estate Activities and Low-Income Housing Credits for Property Placed in Service Before 1990 (or From Pass-Through Interests Acquired Before 1990) Note: Complete this part only if you have an amount on line 2c. Otherwise, go to Part IV.

38 If you disposed of your entire interest in a passive activity or former passive activity in a fully taxable transaction, and you elect to increase your basis in credit property used in that activity by the unallowed credit that reduced your basis in the property, check this box. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Name of passive activity disposed of 40 Description of the credit property for which the election is being made

41 Amount of unallowed credit that reduced your basis in the property . . . . . . . . . . . . . $

Form 8582-CR (Rev. 12-2024)

Exceptions & meaning →

Credits From Rental Real Estate Activities With Active Participation (Other Than Rehabilitation Credits and Low-Income Housing Credits) (See Lines 1a through 1c in the instructions.) 1 a Credits from Worksheet 1, column (a). . . . . . . . . . . . . . 1a b Prior year unallowed credits from Worksheet 1, column (b) . . . . . . . 1b c Add lines 1a and 1b . . . . . . . . . . . . . . . . . . . . . . . . . . .	1c
Rehabilitation Credits From Rental Real Estate Activities and Low-Income Housing Credits for Property Placed in Service Before 1990 (or From Pass-Through Interests Acquired Before 1990) (See*Lines 2a through 2cin the instructions.) 2 a* Credits from Worksheet 2, column (a). . . . . . . . . . . . . . 2a b Prior year unallowed credits from Worksheet 2, column (b) . . . . . . . 2b c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . . .	2c
Low-Income Housing Credits for Property Placed in Service After 1989(See**Lines 3a through 3c in the instructions.) 3a Credits from Worksheet 3, column (a). . . . . . . . . . . . . . 3a b Prior year unallowed credits from Worksheet 3, column (b) . . . . . . . 3b c **Add lines 3a and 3b . . . . . . . . . . . . . . . . . . . . . . . . . . .	3c
All Other Passive Activity Credits(See*Lines 4a through 4cin the instructions.) 4 a* Credits from Worksheet 4, column (a). . . . . . . . . . . . . . 4a b Prior year unallowed credits from Worksheet 4, column (b) . . . . . . . 4b c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . .	4c
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.	5
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.	6
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.	7
5 Add lines 1c, 2c, 3c, and 4c . . . . . . . . . . . . . . . . . . . . . . . . . 6 Enter the tax attributable to net passive income (see instructions) . . . . . . . . . . . . 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5, enter -0- and see instructions . . Note:If your filing status is married filing separately and you lived with your spouse at any time during the year, do notcomplete Part II, III, or IV. Instead, go to line 37.