TurboTax FAQ
TurboTax FAQ
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Form 8582-CR: Passive Activity Credit Limitations

Form 8582-CR is used by non-corporate taxpayers, including individuals, to figure the amount of any passive activity credit (including any prior year un-allowed credits), and the amount of credit allowed for the current year. It also is used to make the election to increase the basis of credit property when a taxpayer disposes of his or her interest in an activity.

Entering Form 8582-CR in TurboTax

If you've already gone through the interview and want to jump directly to the entry screen for this topic, follow these directions.

  1. In the TurboTax Home & Business edition search box, enter 8582cr and press Enter.
    In the pop-up screen, click Jump to 8582cr.
  2. On the Passive Activity Credits screen, click Yes.
  3. On the Passive Activity Credit Information screen, enter your passive activity, the forms involved, and the credit amount.
  4. Click Continue to enter additional information and finish.