OMB control number
At-Risk Limitations
OMB 1545-0712 · TREAS/IRS.
OMB 1545-0712
IRC section 465 requires taxpayers to limit their at-risk loss to the lesser of the loss or their amount at risk. Form 6198 is used by taxpayers to determine their deductible loss and by IRS to verify the amount deducted.
The latest form for At-Risk Limitations expires 2022-07-31 and can be found here.
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