PAL Rules Archives

Knott Learning

What are the Passive Activity Loss (PAL) Rules for Federal Income Taxes

The passive activity loss rules (PAL) prevent taxpayers from using losses from passive activities to offset active income. This article and video discuss the PAL basics and provide some examples.

Jason Knott2024-10-04T11:49:09+00:00Tags: Form 8582, IRC Section 469, PAL Rules, Passive Activity Loss, Section 469|

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