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| Worksheet | Section | Field | ||
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Note: Form 6198 Print Options |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Code to suppress print | |
| Name | General > Basic Data | General |
First name > Taxpayer Initial > Taxpayer Last name > Taxpayer Suffix > Taxpayer First name > Spouse Initial > Spouse Last name > Spouse Suffix > Spouse |
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| Identifying number | General > Basic Data | General | Social security number > Taxpayer | |
| Description of activity |
Based on activity from any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | ||
| Part I - Current Year Profit (Loss) From the Activity | ||||
| 1 | Calculated based on Schedule C, Schedule E, Pages 1 and 2, and Schedule F - based on entries on any of the following worksheets: | |||
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Income >
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At-Risk Limitations (Form 6198) | |||
| 2a | Calculated - based on worksheets | |||
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Income >
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| 2b | Calculated - based on worksheets | |||
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Income >
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| 2c | Calculated - based on worksheets | |||
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Income >
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| 3 | Calculated - based on worksheets | |||
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Income >
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At-Risk Limitations (Form 6198) | Include guaranteed payments in at-risk calculations | ||
| 4 | Calculated - based on worksheets | |||
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Income >
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At-Risk Limitations (Form 6198) |
Schedule A - investment interest expense - Override Exclude SE health insurance from at-risk calculations |
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| Form 4952 | ||||
| 5 | Calculated | |||
| Part II - Simplified Computation of Amount At Risk | ||||
| 6 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Adjusted basis at beginning of year (simplified computation) |
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| 7 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Assets contributed to activity Recourse loans Net FMV of prop that secures nonrecourse loans IF Adjusted basis at beginning of year (simplified comp.) contains an entry Other Increases/Decreases - Amount IF Adjusted basis at beginning of year (simplified comp.) contains an entry AND Other Increases/Decreases - Code contains code 'Increase' or is blank |
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| 8 | Calculated | |||
| 9 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Assets withdrawn from activity Loans from related parties Nonrecourse loans IF Adjusted basis at beginning of year (simplified comp.) contains an entry Other Increases/Decreases - Amount IF Adjusted basis at beginning of year (simplified comp.) contains an entry AND Other Increases/Decreases - Code contains code 'Decrease' |
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| 10a | Calculated | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk - Override | ||
| 10b | Calculated - based on Form 6198, line 10a | |||
| Part III - Detailed Computation of Amount At Risk | ||||
| 11 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Investment in the Activity at the Effective Date entries Investment in activity at effective date (detailed computation) |
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| 12 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Increases at the effective date (detailed computation) Losses from Years Before the Effective Date for Which Losses Were Not At-Risk entries |
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| 13 | Calculated | |||
| 14 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Decreases at the effective date (detailed comp.) | |
| 15 | Calculated | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk from previous year Form 6198, Part III | ||
| 15a | Calculated if | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at risk from previous year Form 6198, Part III is blank | ||
| 15b |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk from previous year Form 6198, Part III | |
| 16 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Assets contributed to activity Recourse loans Net FMV of prop that secures nonrecourse loans Total net income reported since effective date IF Investment in activity at effective date (detailed comp.) OR Amount at-risk from previous year Form 6198, Part III OR Investment in the Activity at the Effective Date entries contains an entry Other Increases/Decreases - Amount IF Investment in activity at effective date (detailed comp.) OR Amount at-risk from previous year Form 6198, Part III OR Investment in the Activity at the Effective Date entries contains an entry AND Other Increases/Decreases - Code contains code 'Increase' or is blank Percentage Depletion in Excess of Adjusted Basis of Depletable Property entries |
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| 16a | Marked if increases and | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Investment in activity at effective date (detailed comp.) OR Investment in the Activity at the Effective Date entries contains an entry |
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| 16b | Marked if increases and | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk from previous year Form 6198, Part III contains an entry | ||
| 17 | Calculated | |||
| 18 |
Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Assets withdrawn from activity Loans from related parties Nonrecourse loans Total losses deducted since effective date IF Investment in activity at effective date (detailed comp.) OR Amount at-risk from previous year Form 6198, Part III OR Investment in the Activity at the Effective Date entries contains an entry Other Increases/Decreases - Amount IF Investment in activity at effective date (detailed comp.) OR Amount at-risk from previous year Form 6198, Part III OR Investment in the Activity at the Effective Date Entries contains an entry AND Other Increases/Decreases - Code contains code 'Decrease' |
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| 18a | Marked if decreases and | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) |
Investment in activity at effective date (detailed comp.) OR Investment in the Activity at the Effective Date entries contains an entry |
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| 18b | Marked if decreases and | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk from previous year Form 6198, Part III contains an entry | ||
| 19a | Calculated | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk - Override | ||
| 19b | Calculated - based on Form 6198, line 19a | |||
| Part IV - Deductible Loss | ||||
| 20 | Calculated - based on Form 6198, line 10b and line 19b | |||
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Any of the following worksheets: Income >
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At-Risk Limitations (Form 6198) | Amount at-risk - Override | ||
| 21 | Calculated | |||
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