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Author Question: An individual is considered to materially participate in an activity if any of the following tests ... (Read 62 times)

rosent76

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on: Sep 13, 2020
An individual is considered to materially participate in an activity if any of the following tests are met with the exception of
◦ the individual participates in the activity for more than 500 hours during the year.
◦ the individual participates in the activity for 75 hours during the year, and that participation is more than any other individual's participation for the year.
◦ the individual has materially participated in the activity in any five years during the immediate preceding 10 taxable years.
◦ the individual's participation in the activity for the year constitutes substantially all of the participation in the activity by all individuals.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by rosent76 on Sep 13, 2020

blakeserpa

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rosent76

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)

okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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