AmyT
New Member

After you file

If you actively participate in the operation, you are not subject to the at-risk rules.  In general, these rules only apply to a business activity in which you are considered to be a passive participant.

This article does a nice job of explaining how the at-risk rules apply to farming activites (and is not in IRS-speak): https://ruraltax.org/files-ou/At_Risk_Rules.pdf

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