What Form Must a Taxpayer File If He or She

question 50

Multiple Choice

What form must a taxpayer file if he or she is at-risk in an activity?

• A)Form 6198.
• B)Form 4797.
• C)Form 8582.
• D)Form 1040,Schedule D.

---

Definitions:

Oxygen Saturation

A measure of the amount of oxygen-carrying hemoglobin in the blood relative to the amount of hemoglobin not carrying oxygen.

ADLs

Activities of Daily Living, which are essential routine tasks that a person needs to do every day to take care of themselves, such as eating, bathing, dressing, toileting, and walking.

Short-Term Goals

Objectives set to be achieved in a brief period, often serving as stepping stones towards long-term objectives.

Long-Term Goals

Long-term goals are objectives set to be achieved over an extended period, typically involving strategic planning and sustained effort towards significant achievements.