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FORM 8582

Joem100
Level 1

Divorced couple jointly own a rental property with suspended losses from when they filed a joint return while married. I need to split the suspended losses between the two single taxpayers but I cannot override the amounts on the Form 8582. How do I change the amounts on the Form 8582 to give each the correct amount of losses?

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2 Comments 2
dascpa
Level 12

The 8582 is generated from other places - like a Schedule E, K-1, etc. Therefore you have to start with those schedules to input the correct numbers (scroll all the way down for passive losses, QBI and more). It will then carryforward to the 8582.

Just-Lisa-Now-
Level 15
Level 15

Go to the Sch E worksheet and click your mouse in the scroll bar 10 times and you get to the place to enter prior suspended losses, enter it as a negative.


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