TaxGuyBill
Level 15
05-03-2021
12:44 PM
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@mcguimax wrote:
The only way I can get the income to show up as non-passive is to check "not a passive activity" but that isn't correct as it does not recharacterize it properly or generate Form 8582.
How does it not recharacterize it properly? If you are treating it as non-passive, it would not generate a 8592.
