8.6.1

Classify the following activities by selecting either "Passive" or "Not passive". Any trade, business, or income-producing activity in which the taxpayer does not materially participate. b. All rental activities, subject to certain exceptions. Income from intangible property if the taxpayer's personal efforts contributed significantly to the creation of the property. d. Gain on the sale or other disposition of assets used in an active trade or business. Interest, dividends, annuities, and royalties not derived in the ordinary course of a trade or business. e