KrisD15
Expert Alumni

Investors & landlords

Form 8582 is 150,000 for filers filing Married Filing Jointly. 

Married Filling Separately may be restricted to 75,000.

 

If you read the line it says, “Enter $150,000. If married filing separately, see instructions”

 

According to the IRS:

Line 5. Married persons filing separate returns who lived apart from their spouses at all times during the year must
enter $75,000 on line 5 instead of $150,000.
 

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