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Need help with this question. It concerns Federal Income Tax accounting. Which of the following factor are considered by the IRS in evaluating whether as

Need help with this question. It concerns Federal Income Tax accounting. image text in transcribed

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Which of the following factor are considered by the IRS in evaluating whether as activity is classified as a business or a hobby a The expertise of the taxpayer, b The time and effort expended by the taxpayer, C The financial status of the taxpayer. d The IRC and loss from the activity

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