1120-US: Form 6198 carryover losses limited in current year (FAQ)

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

Question

Why are carryover losses limited in the current year by Form 6198?

Answer

All losses that have not previously passed the at-risk limitation are automatically added with the current year's activity and included in Form 6198, Part I.

Related topics

Share This