form 8582

[taxneophite]

I am using Turbotax H&B windows.  I need to generate a 2021 form 8582 to reflect a schedule F recapture gain, schedule F profit and PAL loss carry forward from prior years before using Turbotax.  I have entered the passive loss carryforward step by step successfully but no Form 8582 is generated.  How do I generate Form 8582 so I can efile my return?

[Cynthiad66]

@taxneophite

There was an issue with the Form 8582, however, it seems to have been fixed today.  I suggest you clear your history, cache and cookies then reboot your system and see if the fix has been updated in the software.

Here is how:

Cookies are small files that temporarily store data on your computer. We use them to personalize your experience so you see information you already entered and not items that are irrelevant or repetitive.

On rare occasions, they may make your browser think you already did something that you still need to do. To fix that, you'll need to delete (clear) the cookies from your browser.

Each browser has a slightly different method for deleting cookies. Choose the browser you're using:

• Internet Explorer
• Mozilla Firefox
• Google Chrome
• Safari
• Safari for iOS (mobile devices)

[taxneophite]

Clearing the cookies and rebooting did not help.  I have entered a Schedule F $28,502 passive loss carry forward which shows as a "PAL" and a correct reduction of line 34 by that amount in Schedule F.  Unfortunately, no Form 8582 is generated as required by the IRS.  Under these circumstances how do I generate a 2021 Form 8582 if I know the correct Part V inputs and descriptions?   I believe the problem is that in my 2020 1040 (TT H&B windows) I inadvertently failed to include a 2020 Form 8582 (showing an unused passive loss carryover from prior years).  Thank you in advance for you assistance.

[PatriciaV · Accepted solution]

Since you are using TurboTax CD/Download, you can add Form 8582 to report passive activity loss carryforward and use it against current or future passive income.

1. Open your TurboTax return.
2. Click Forms in the header.
3. Click Open Form above the Forms in My Return section.
4. Type 8582 in the Type a form name box, press enter, choose which page of Form 8582 you need, then click Open Form
5. Manually add the information on the appropriate lines using your prior year information.

This option is not available in TurboTax Online.

[taxneophite]

Thank you very much for your assistance.  Your directions worked to generate a 2021 From 8582 showing the prior year loss carry forward of $28,502.  I am still having a problem manually entering two items in Part V section (a) Net Income: (1) F schedule F 2021 net profit and (2) farm (recapture) gain from form 4749.  How do I accomplish this?  

[PatriciaV]

Please clarify if you have completed the Farm Income and Expenses section. The sale of Farm Assets includes the calculation of recapture gains. Carryovers, limitations, etc., are entered under Final Details at the end of the Farm interview. After you record your 2021 activity and any prior year carryovers, TurboTax will populate Forms 8582 and 4749 as needed.

[Stayshar]

I filed my taxes and federal was excepted. State says i need form 8582. Today i got email stating it was there, so i log in and the form isnt there.  I looked at my federal taxes and form 8582 is there.  Now im very confused. Can  anyone help?

[DrBrownFinger]

For SC, it's showing Form 8582 available to file by mail 03/03/2022, but for e-file it says Cannot e-file. 

I looked at the state availability page for forms and it shows that the first page of the form is unsupported for e-file, but pages 2 and 3 are supported.  This makes zero sense!

Can someone clarify please???

Form 8582, Passive Activity Loss Limitations

Print: 03/03/2022

E-file: unsupported

Form S8582, Pg 2, Passive Activity Loss Limitations

Print: 03/03/2022

E-file: 03/03/2022

Form 8582 p3: Wks 6 - 7

Print: 03/03/2022

E-file: 03/03/2022

[TeresaM]

Thank you for sharing this information. Our team has been working to resolve an error message for the form availability of Form 8582 in the state return after the original date expected. We apologize for the delay and inconvenience this has caused. This should now be resolved. Please do try the return in Review and see if it will now pass without flags and allow you to file. 

• If you have the desktop version of TurboTax, please be sure it updates when you launch the program. 
•  If you have TurboTax Online and it still gives this error message, please sign out of TurboTax, clear your cache and cookies, or try another browser, then sign back in and take it through Review.  Please see this Help article for clearing your cache and cookies. Clearing cache and cookies in your browser

[aklajman]

This does not work for me as the forms come in browse only mode (no update)

[PatriciaV]

@aklajman

Please clarify what form you need help finding or updating.

[gerrychampagne]

Using windows laptop.  Working on 2022 taxes.  I can open form 8582, but cannot enter data.  Any help you can provide??

[Critter-3]

Many times direct form entries are no allowed as the information arrives by the way of a worksheet ... right click on the data entry box you want to use to "data source" where the info will come from.  Although direct data entry can be done in the FORMS mode  if you do any overrides it can void the accuracy guarantee and can keep you from efiling so all entries should be done thru the interview mode (step by step) if at all possible. 

[BlueUntoOthers]

I cleared my browser history and cookies, but am still unable to manually enter prior year's unallowed loss data in form 8582.  I can right-click on a cell, but the option to "override" or go to "Source Data" is grayed out and not available.   Any suggestions on how I can manually enter the data in 8582 (or go to an interview where the data can be entered)?

[RobertB4444]

Prior year's unallowed loss data should be entered directly into the rental real estate section.  The interview there will ask if you had any passive loss carryovers from the prior year when creating the rental activity and will take those and apply them to form 8582.

@BlueUntoOthers