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Fillable Form 8958

Fillable Form 8958

Use a Fillable Form 8958 template to make your document workflow more streamlined.

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Video instructions and help with filling out and completing Fillable Form 8958

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Instructions and help about 8958 form example

all right for this video I want to go over a sample form 8582 for the passive activity loss limitations and in this scenario we're going to have a taxpayer that has some Investments and Partnerships that are passive activities but he also has a rental property where he actively participates in the management and so he's going to be claiming this special allowance for rental real estate activities uh to claim a loss up to $225,000 so uh we're going to look at the 8582 here it's two pages we've also got the full 1040 for the taxpayer so we'll cover all the forms and schedules that are going to be relevant and that's certainly going to include the schedule e uh to where we report the rental income and expense schedule Le page two uh and then the 8582 as well lastly we've got just one slide here covering some background on the 8582 and passive activities and specifically this rental real estate active participation allowance s

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