TaxGuyBill
Level 15

@cera smile wrote:

 I am trying to generate an 8582 to limit the amount of Passive Activity Loss to 25,000


 

Are you saying it is currently allowing the ENTIRE loss, rather than just $25,000?

As a side note, a $54,000 loss for one year is extremely large, so you may want to verify that is correct and that something like depreciable improvements are not being deducted.