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Form it 2658 IInstructions for Form it 2658 Report of

Form it 2658 IInstructions for Form it 2658 Report of

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Instructions and help about Form IT 2658 IInstructions For Form IT 2658 Report Of

for this video I want to go through sample form 8582 which is the passive activity loss limitations form and this is going to be for the 2023 tax year now the 8582 has two pages so we'll cover both of these Pages uh but this is part of the full form 1040 for our taxpayer so I'll cover all the other schedules and worksheets that are required so we'll go over Schedule E part two where we ultimately report this income and and loss and then we have some passive activity loss worksheets uh which we'll go through also now I've also got a variety of k1s here so the taxpayer has four separate k1s three passive activities one non-passive so we'll cover those and then lastly we've got just one slide here covering some background on the 8582 and then some more details on the fact pattern so the 8582 is used to separate and calculate our passive activity income and losses right and ultimately what we're doing here is we're try

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