Form 8582 pg 2, PT V, col b is including both the current year loss and prior year losses. Does anyone else have this problem?

[daviddalton440]

Why is form 8582 doubling the current year loss?

[Mike9241]

that's exactly how that part of the form should be because its purpose is to accumulate PAL losses for a property. if you have a current year gain it will offset the prior years' losses, and only the net would be a carryforward. in PART VII the net loss carryover by property is calculated.