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Level 4
posted Dec 6, 2021 11:34:36 AM

Where do unallowed passive losses from 8582 show up as carryforwards for next year?

I have a $215k unallowed passive loss in 2021 but I don't see that in my Carryover Wks.  I only see a Non-recaptured 1231 loss of $29k.  Does this mean a worksheet hasn't been filled out yet, or does the unallowed passive loss show up somewhere else instead?  I want to be sure it carries forward to 2022.

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1 Best answer
Level 15
Dec 6, 2021 12:22:57 PM

Look on page 2 of the form 8582 ...

3 Replies
Level 15
Dec 6, 2021 12:22:57 PM

Look on page 2 of the form 8582 ...

Level 4
Dec 6, 2021 1:17:56 PM

Thanks.  Mine is showing in Part 7 not Part 8.  Maybe those are for different types of losses?  Or should it also be in Part 8?

Level 15
Dec 6, 2021 1:23:47 PM

Can be in either place.