What form must a taxpayer file if he or she is at-risk in an activity?
A)Form 8582.
B)Form 4797.
C)Form 1040,Schedule D.
D)Form 6198.

Question

Quizplus · Accepted Answer

Taxpayers who are at-risk in an activity must file Form 6198, At-Risk Limitations, with their tax return. This form helps to determine the amount of loss that can be claimed for the year and any unused loss that can be carried over to future years.

What Form Must a Taxpayer File If He or She