form 8582

brodie1420 — Mon, 09 Mar 2026 09:02:20 GMT

I have sold a rental property in 2021 that I purchased in 2013. How can I confirm in Part IV the;

- unallowed loss for prior year is correct and is reducing my gain on sale?

- the net income for current year is correct?

I want to make sure that prior year losses are correctly offsetting the gain on sale...

Re: form 8582

ColeenD3 — Sat, 05 Mar 2022 21:27:23 GMT

Print a copy of your tax return and follow the sequence of events. Your accumulated losses are tallied on Form 8582. See "Reporting an Entire Disposition on Form 4797 or Form 8949" in the Instructions for Form 8582. depending on whether or not it was a gain or loss, you may have entries on Forms 4797 and/or Schedule E. Schedule E losses are reported on Line 22 Deductible rental real estate loss after limitation, if any, on Form 8582 (see instructions).

Form 8582

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form 8582

Re: form 8582