
Ise noted. General Instructions Purpose of Form Use Form 6198 to figure: The profit (loss) from an at-risk activity for the current year (Part I), The amount at risk for the current year (Part II or Part III), and The deductible loss for the current year (Part IV). The at-risk rules of section 465 limit the amount of the loss you can deduct to the amount at risk. For more details, see Pub. 925, Passive Activity and At-Risk Rules. Who Must File Form 6198 is filed by individuals (i.
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