Form 8582 (2005) Page 2. Summary: This is an example of Form 8582 (2005), page 2, with items included as described in the text. Additionally, these
line items are
completed:
Name of activity
(a) Current year: Net income (line 1a)
(b) Current year: Net loss (line 1b)
(c) Prior years: Unallowed loss (line 1c)
(d) Overall gain or loss: Gain
(e) Overall gain or loss: Loss
Activity A
2,776
negative 45,000
negative 6,667
negative 18,891
Activity B
negative 11,600
negative 8,225
negative 19,825
Total. Enter on Form 8582, lines 1a, 1b, and 1c
2,776
negative 26,600
negative 14,892
(shaded area)
(shaded area)
Name of activity
(a) Current year: Net income (line 3a)
(b) Current year: Net loss (line 3b)
(c) Prior years: Unallowed loss (line 3c)
(d) Overall gain or loss: Gain
(e) Overall gain or loss: Loss
Partnership #1
4,000
negative 2,600
1,400
Partnership #4
negative 2,400
negative 1,500
negative 3,900
Total. Enter on Form 8582, lines 3a, 3b, and 3c
4,000
negative 2,400
negative 4,100
(shaded area)
(shaded area)
Name of activity
Form or schedule and line number to be reported on (see instructions)
(a) Loss
(b) Ratio
(c) Special allowance
(d) Subtract column (c) from column (a)
Activity A
Schedule E, line 23
18,891
.487938
2,768
16,123
Activity B
Schedule E, line 23
19,825
.512062
2,905
16,920
Total
38,716
1.00
5,673
33,043
Name of activity
Form or schedule and line number to be reported on (see instructions)
