Table of Contents

• General Instructions
  • Purpose of Form
  • Who Must File
  • At-Risk Activities
  • Amounts Not at Risk
    • Qualified Nonrecourse Financing
  • Aggregation or Separation of Activities
• Specific Instructions
  • Part I—Current Year Profit (Loss) From the Activity, Including Prior Year Nondeductible Amounts
    • Line 1
    • Lines 2a, 2b, and 2c
    • Line 3
    • Line 4
    • Line 5
  • Part II—Simplified Computation of Amount At Risk
    • Line 6
    • Line 7
    • Line 9
    • Line 10b
  • Part III—Detailed Computation of Amount At Risk
    • Effective Dates
    • Line 11
    • Line 12
    • Line 14
    • Line 15
    • Line 16
    • Line 18
    • Line 19b
  • Part IV—Deductible Loss
    • Line 21
• Instructions for Form 6198 - Notices
  • Paperwork Reduction Act Notice.