Form 6198, At-Risk Limitations Instructions
This form contains 34 fields organized into 9 sections. Below is a complete list of every field, its type, and what information is expected.
| Field Name | Type | Description |
|---|---|---|
| Activity Information | ||
| Description of activity (see instructions) | Text |
Provide a description of the activity for which you are reporting at-risk limitations. Refer to the instructions for more details.
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| topmostSubform[0].Page1[0].f1_24[0 | Text |
Enter the name of the activity or business for which you are reporting at-risk limitations.
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| Basis and Adjustments | ||
| 6 Adjusted basis (as defined in section 1011) in the activity (or in your interest in the activity) on the first day of the tax year. Do not enter less than zero 6 | Text |
Enter the adjusted basis in the activity (or in your interest in the activity) on the first day of the tax year. Do not enter less than zero.
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| 7 Increases for the tax year (see instructions). 7 | Text |
Enter the increases for the tax year as specified in the instructions.
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| topmostSubform[0].Page1[0].f1_13[0 | Text |
Enter the relevant amount for this field as specified in the instructions.
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| 9 | Text |
Enter the amount for line 9 as specified in the instructions.
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| 10a | Text |
Enter the amount for line 10a as specified in the instructions.
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| Checkboxes | ||
| topmostSubform[0].Page1[0].c1_1[0]_1 | CheckBox |
Check this box if applicable. The exact condition for checking this box is not specified in the form description.
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| topmostSubform[0].Page1[0].c1_1[1]_2 | CheckBox |
Check this box if applicable. The exact condition for checking this box is not specified in the form description.
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| topmostSubform[0].Page1[0].c1_2[0]_1 | CheckBox |
Check this box if applicable. The exact condition for checking this box is not specified in the form description.
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| topmostSubform[0].Page1[0].c1_2[1]_2 | CheckBox |
Check this box if applicable. The exact condition for checking this box is not specified in the form description.
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| topmostSubform[0].Page1[0].c1_3[0]_1 | CheckBox |
Check this box if applicable. The exact condition for checking this box is not specified in the form description.
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| Deductible Losses | ||
| instructions to find out how to report any deductible loss and any carryover 21 | Text |
Refer to the form instructions to determine how to report any deductible loss and any carryover. Enter the relevant information for line 21.
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| Detailed Computations | ||
| 19a Subtract line 18 from line 17 19a | Text |
Enter the result of subtracting line 18 from line 17. This value represents the net amount at risk after adjustments.
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| 19b | Text |
Enter the amount for line 19b as specified in the form instructions. This may involve additional calculations or information.
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| 20 | Text |
Enter the amount for line 20 as specified in the form instructions. This may involve additional calculations or information.
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| General Information | ||
| topmostSubform[0].Page1[0].f1_16[0 | Text |
Enter the relevant information for this field. The exact details are not specified in the form description.
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| 13 | Text |
Enter the relevant information for this field. The exact details are not specified in the form description.
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| topmostSubform[0].Page1[0].f1_20[0 | Text |
Enter the relevant information for this field. The exact details are not specified in the form description.
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| topmostSubform[0].Page1[0].f1_21[0 | Text |
Enter the relevant information for this field. The exact details are not specified in the form description.
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| topmostSubform[0].Page1[0].f1_22[0 | Text |
Enter the relevant information for this field. The exact details are not specified in the form description.
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| topmostSubform[0].Page1[0].f1_23[0 | Text |
Enter the relevant information for this field. The exact details are not specified in the form description.
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| topmostSubform[0].Page1[0].c1_3[1]_2 | CheckBox |
Check this box if you meet the specific condition related to at-risk limitations as described in the form instructions.
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| Income and Loss | ||
| 1 Ordinary income (loss) from the activity (see instructions) | Text |
Enter the ordinary income or loss from the activity. Refer to the instructions for more details on how to calculate this amount.
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| a | Text |
Enter the amount for line 1a as specified in the instructions.
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| b Form 4797 2b | Text |
Enter the amount from Form 4797, line 2b.
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| topmostSubform[0].Page1[0].f1_7[0 | Text |
Enter the relevant amount for this field as specified in the instructions.
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| 3 | Text |
Enter the amount for line 3 as specified in the instructions.
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| topmostSubform[0].Page1[0].f1_9[0 | Text |
Enter the relevant amount for this field as specified in the instructions.
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| 31 5 Current year profit (loss) from the activity. Combine lines 1 through 4. See the instructions before 5 completing the rest of this form | Text |
Enter the current year profit or loss from the activity by combining lines 1 through 4. Refer to the instructions before completing the rest of this form.
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| Investment Details | ||
| Investment in the activity (or in your interest in the activity) at the effective date. Do not enter less than zero 11 | Text |
Enter the amount of your investment in the activity (or in your interest in the activity) at the effective date. Ensure this value is not less than zero.
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| 12 Increases at effective date 12 | Text |
Enter the increases at the effective date. This typically includes additional investments or contributions made to the activity.
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| Personal Information | ||
| Name(s) shown on return | Text |
Enter the name(s) exactly as shown on your tax return.
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| Identifying number | Text |
Enter your identifying number, such as your Social Security Number (SSN) or Employer Identification Number (EIN). This field has a maximum length of 11 characters.
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