Business & farm

Form 6198 shouldn't even be part of the return.

 

Form 6198 is for At-Risk losses, not Basis losses.    At-Risk losses come AFTER Basis losses, so if you are limited by Basis, form 6198 should not be part of your tax return.  I know Rick disagrees with this, but it is a fact that At-Risk comes AFTER Basis, so 6198 should not be filed.

 

TurboTax is severely deficient by not assisting you with Basis losses.