Question: Classify the following activities by selecting either Passive or Not passive. a . Any trade, business, or income - producing activity in which the taxpayer
Classify the following activities by selecting either "Passive" or "Not passive".
aAny trade, business, or incomeproducing activity in which the taxpayer does not materially participate.
PassiveNot passive
bAll rental activities, subject to certain exceptions.
PassiveNot passive
cIncome from intangible property if the taxpayer's personal efforts contributed significantly to the creation of the property.
PassiveNot passive
dGain on the sale or other disposition of assets used in an active trade or business.
PassiveNot passive
eInterest dividends, annuities, and royalties not derived in the ordinary course of a trade or business.
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