Part V

Use Part V to figure the amounts to enter on Part I, lines 2a through 2c, for:

• Passive trade or business activities,

• Passive rental real estate activities that don’t qualify for the special allowance, and

• Rental activities other than rental real estate activities.

If you have prior-year unallowed CRD from passive activities other than rental real estate activities, include that amount in Part V. Add "CRD" after the name of the activity.

Column (a). Enter the current year net income for each activity. Enter the total of column (a) on Part I, line 2a, of Form 8582. (See the example under Column (a) for Part IV, earlier.)

Column (b). Enter the current year net loss for each activity. Enter the total of column (b) on Part I, line 2b, of Form 8582. (See the example under Column (b) for Part IV, earlier.)

Column (c). Enter the unallowed losses for the prior years for each activity. You find these amounts in Part VII, column (c), of your 2024 Form 8582. Enter the total of column (c) from your 2025 Part V on Part I, line 2c, of Form 8582.

Columns (d) and (e). Combine income and losses in columns (a) through (c) for each activity, and either enter the overall gain for the activity in column (d) or enter the overall loss for the activity in column (e). Don’t enter amounts from columns (d) and (e) in Part I, II, or III of Form 8582. These amounts will be used when the rest of Form 8582 is completed to figure the loss allowed for the current year.