Which of the following would not be used to determine if an activity is a business or a hobby?
Select one:
a. The actual profits of the business
b. The time spent by the taxpayer in the business
c. The number of relatives employed by the taxpayer
d. The expertise of the taxpayer's consultants

Answer rating: 100% (QA)

c The number of relatives employed by the taxpayer The num... View the full answer