Anonymous
Not applicable

Investors & landlords

if you have passive losses look at form 8582 which is used to figure the PAL c/o.  look at line 16. is there an amount on that line? if so it means some of your PAL's have been allowed which reduces the c/o. 

 

 

another possibility is if you have multiple passive activities.  profits from one will be allocated against the losses from others.