2023 Form 3801-CR Passive Activity Credit Limitations 2023 Form 3801-CR Passive Activity Credit Limi-2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering your name(s) as shown on your tax return and your SSN, ITIN, FEIN, or CA corporation number at the top of the form.
3. In Part I, complete the sections for Passive Activity Credits. Refer to Worksheets 1 through 4 from federal Form 8582-CR for accurate calculations using California amounts.
4. For each credit type (rental real estate activities, low-income housing credits), input the relevant figures from the worksheets into lines 1a through 4c.
5. Add up all applicable credits in line 5 and follow instructions for calculating tax attributable to net passive income in line 6.
6. Proceed to Part II if you have an amount on line 1c. Complete lines regarding special allowances for rental real estate activities with active participation.
7. Finally, review Part III and IV for any additional credits allowed and elections regarding basis increases before submitting your completed form.

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