Part III—Total Losses Allowed

Use Part III to figure the amount of the losses from all passive activities (as determined in Part I) allowed for 2025.

Line 11. Use Parts IV through IX of Form 8582 and the related instructions to figure the unallowed loss to be carried forward and the allowed loss to report on your forms and schedules for 2025.

Instructions for Form 8582 (2025) 11

Parts IV and V Parts IV and V, columns (d) and (e), show whether an activity had an overall gain or loss. If you have activities that show overall gain in column (d) of Part(s) IV and/or V, report all the income and losses listed in columns (a), (b), and (c) for those activities on the proper forms and schedules, including Form 8582.

If you have activities that show an overall loss in column (e) of Part(s) IV and/or V, you must allocate your allowed loss on Part III, line 11, of Form 8582 to those activities by completing Parts VI, VII, plus VIII and/or IX.

Complete Part VI only if you entered an amount (other than zero) on Part II, line 9, of Form 8582. Otherwise, skip Part VI and complete Part VII for all activities in Part(s) IV and/or V that have overall losses in column (e) and any amount of prior-year unallowed CRD included in line 3.