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Level 2
posted Jan 31, 2020 7:24:49 AM

After Running Smart Check, I have a line 2c on form 6198 number but no form name

How do I know what this number stands for and how do I determine the form name?

 

To reiterate: I have a number in the number box for line 2c but not form name in the form name box for 2c.

0 3 737
3 Replies
Expert Alumni
Jan 31, 2020 7:47:58 AM

IRS Form 6198 is for At-Risk Limitations. Per IRS instructions, Lines 2a, 2b, and 2c report Gain (Loss).

  • Please see this answer to a previously posted question here.

For additional information, see the following TurboTax article: What Is Form 6198: At-Risk Limitations.

 

 

Level 2
Feb 5, 2020 6:22:00 AM

This answer did not help my particular situation... It references schedule C but I have no schedule C created under forms; any other suggestions?

Expert Alumni
Feb 6, 2020 12:12:31 PM

Perhaps check to see if you have any of the other sources of income/forms referenced in the link are present:  rental or royalty income (Schedule E), K-1 income (Schedule E, page 2), farm income (Schedule F or Form 4835), casualty or theft losses (Form 4684) or sales of business property (Form 4797).