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Contents : Form 8582-CR Department of the Treasury Internal Revenue Service 2003 See separate instructions. Attachment Sequence No. Attach to Form 1040 or 1041. Name(s) shown on return Part I OMB No. 1545-1034 Passive Activity Credit Limitations 89 Identifying number 2003 Passive Activity Credits Caution: If you have credits from a publicly traded partnership see Publicly Traded Partnerships (PTPs) on page 15 of the instructions. Credits From Rental Real Estate Activities With Active Participation (Other Than Rehabilitation Credits and Low-Income Housing Credits) (See Lines 1a through 1c on page 9.) 1a 1a Credits from Worksheet 1 column (a) b Prior year unallowed credits from Worksheet 1 column (b) 1b c Add lines 1a and 1b Rehabilitation Credits From Rental Real Estate Activities and Low-Income Housing Credits for Property Placed in Service Before 1990 (or From Pass-Through Interests Acquired Before 1990) (See Lines 2a through 2c on page 9.) 2a 2a Credits from Worksheet 2 column (a) b Prior year unallowed credits from Worksheet 2 column (b) 2b c Add lines 2a and 2b Low-Income Housing Credits for Property Placed in Service After 1989 (See Lines 3a through 3c on page 9.) 3a Credits from Worksheet 3 column (a) 3b Prior year unallowed credits from Worksheet 3 column (b) Add lines 3a and 3b Other Passive Activity Credits (See Lines 4a through 4c on page 9.) 4a 4a Credits from Worksheet 4 column (a) 4b b Prior year unallowed credits from Worksheet 4 column (b) c Add lines 4a and 4b 3a b c All 2c 3c 5 Add lines 1c 2c 3c and 4c 6 Enter the tax attributable to net passive income (see page 9) 7 Subtract line 6 from line 5. If line 6 is more than or equal to line 5 enter -0- and see page 10 Note: If your filing status is marr ied filing separately and you lived with your spouse at any time during the year do not complete Part II III or IV. Instead go to line 37. Part II 1c 4c 5 6 7 Special Allowance for Rental Real Estate Activities With Active Participation Note: Complete this part only if you have an amount on line 1c. Otherwise go to Part IIl. 8 9 Enter the smaller of line 1c or line 7 Enter $150 000. If married filing separately see page 10 Enter modified adjusted gross income but not less than zero (see page 10). If line 10 is equal to or more than line 9 skip lines 11 through 15 and enter -0- on line 16 11 Subtract line 10 from line 9 12 Multiply line 11 by 50% (.50). Do not enter more than $25 000. If married filing separately see page 11 13a Enter the amount if any from line 10 of 13a Form 8582 8 9 10 b Enter the amount if any from line 14 of Form 8582 c Add lines 13a and 13b 10 11 12 13b 14 15 Subtract line 13c from line 12 Enter the tax attributable to the amount on line 14 (see page 11) 16 13c 14 Enter the smaller of line 8 or line 15 For Paperwork Reduction Act Notice see page 16 of the instructions. 15 16 Cat. No. 64641R Form 8582-CR (2003) 2 Special Allowance for Rehabilitation Credits From Rental Real Estate Activities and Low-Income Housing Credits for Property Placed in Service Before 1990 (or From Pass-Through Interests Acquired Before 1990) Form 8582-CR (2003) Part III Page Note: Complete this part only if you have an amount on line 2c. Otherwise go to Part IV. 17 Enter the amount from line 7 18 Enter the amount from line 16 19 Subtract line 18 from line 17. If zero enter -0- here and on lines 30 and 36 and then go to Part V 20 Enter the smaller of line 2c or line 19 21 Enter $250 000. If married filing separately see page 12. (See page 12 21 to find out if you can skip lines 21 through 26.) 22 Enter modified adjusted gross income but not less than zero. (See instructions for line 10 on page 10.) If line 22 is equal to or more than line 21 skip lines 23 through 29 and enter -0- on line 30 23 Subtract line 22 from line 21 24 Multiply line 23 by 50% (.50). Do not enter more than $25 000. If married filing separately see page 12 25a Enter the amount if any from line 10 of 25a Form 8582 b Enter the amount if any from line 14 of 25b Form 8582 c Add lines 25a and 25b 26 Subtract line 25c from line 24 27 Enter the tax attributable to the amount on line 26 (see page 12) 28 Enter the amount if any from line 18 29 Subtract line 28 from line 27 19 20 22 23 24 25c 26 27 28 29 30 Enter the smaller of line 20 or line 29 Part IV 17 18 30 Special Allowance for Low-Income Housing Credits for Property Placed in Service After 1989 Note: Complete this part only if you have an amount on line 3c. Otherwise go to Part V. 31 32 33 34 35 If you completed Part III enter the amount from line 19. Otherwise subtract line 16 from line 7 Enter the amount from line 30 Subtract line 32 from line 31. If zero enter -0- here and on line 36 Enter the smaller of line 3c or line 33 Tax attributable to the remaining special allowance (see page 12) 36 Enter the smaller of line 34 or line 35 Part V 36 Passive Activity Credit Allowed 3

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