additionally, list the client facts that are relevant to the tax research issues.

New Facebook Marketplace Information: One day, while out for her morning jog, Lois ran by a neighborhood garage sale. The garage sale featured many items for children. That gave Lois an idea. She could purchase children's items at garage sales, thrift stores and online neighborhood postings, etc., and then sell the items on Facebook Marketplace, etc. In this manner, Lois believed that she could supplement the family income by doing something that she enjoyed - shopping! Thus, Lois began to scour the newspaper for advertised garage sales and children's consignment sales. She maps out weekend routes. She visits thrift stores all over Rhode Island on a regular basis. As soon as she gets home from a shopping excursion, Lois prepares the items to post for sale on Facebook Marketplace (washes the items and takes pictures to post, etc.). Lois has been able to make a profit on many of the items sold. However, as a cash basis taxpayer, the activity results in a net loss because Lois has purchased many items that have not yet been posted and/or sold (i.e., inventory). Lois is having so much fun with this new activity! She has even registered to take an online sales strategy course at the Quohog Community College. According to the tax law, the Facebook Marketplace sales proceeds are likely to be treated as one of two different types of income. HINT: One of the possibilities relates to the Facebook Marketplace activity from the original tax return project (i.e. before the extension described above). 1. Considering the new Facebook Marketplace activity, state the primary TAX research question(s) to evaluate. State in the form of question(s). 1a. What is your taxpayer's desired result? Briefly discuss. lb. Is this a tax compliance or planning issue? Briefly discuss