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.Passive loss rules do NOT apply to a limited partner who meets which of the following material participation tests? Participation for more than 500 hours

.Passive loss rules do NOT apply to a limited partner who meets which of the following material participation tests?

Participation for more than 500 hours in the activity during the year.

Material participation in the activity for any five of the ten tax years immediately preceding the current year.

If the activity is a personal service activity, material participation in that activity for any of the three preceding tax years.

All of the above.

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