What tests are applied to determine if losses should be characterized as passive?
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In general losses from trade or business activities are passive unless individuals are material part...View the full answer
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Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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