Passive Activity Adjustment on Form 4797, Part I

To find the basis for
Passive Activity Adjustment
on Form 4797, Part I, line 2, review the Passive Activity and Other Information section for all passive activities (or former passive activities). You'll find this section on the following screens:
  • C-3, in the Business folder.
  • Rent-2, in the Rental folder.
  • F-3, in the Farm folder.
  • 4835-2, in the Farm Rental folder.
  • K1-7, in the K1 1065, 1120S folder.
  • K1T-3, in the K1 1041 folder.
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