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For an independent contractor one of the tests is the profit/Loss Test. Which one of the following is incorrect when it comes to the profit
For an independent contractor one of the tests is the profit/Loss Test. Which one of the following is incorrect when it comes to the profit and Loss test? Group of answer choices The taxpayer doing the work has an opportunity to make a profit he taxpayer doing the work must cover operating costs for the work he/she performs The taxpayer doing the work risks incurring a loss from bad debts, damages to assets, or delivery delays. The taxpayer doing the work is hired not for a specific jo
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