Taxstra • Planning worksheet • 2026-09-05

STR Losses on Your Tax Return: Tracing the Limits from Books to Deduction

Use this worksheet alongside the guide. The figures and schedules are educational illustrations, not individualized tax advice or a recommendation for your circumstances.

Work through your records

Read the explanation in the guide before filling in the schedule. Keep the illustrated values separate from your actual records. For each row, identify the supporting document, applicable period, unresolved assumption, and person responsible. Do not treat example percentages or classifications as established facts for your situation.

Stage	Illustrative amount remaining	What remains unresolved
Allocated loss	$80,000	Whether the underlying computation is correct
After basis limitation	$60,000	Amount economically at risk
After at-risk limitation	$45,000	Passive classification and other limits
Final current deduction	Not determined here	Requires the full return analysis

Resolve the decision

What decision or discrepancy does your completed schedule reveal?Which assumptions need professional review, and what documents support them?Who will take the next action, and by what date?

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Explore the relevant Taxstra service. Use the consultation to establish fit and scope; individualized analysis and implementation require an engagement.