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Pavel invested in an S corporation. He is not materially involved in the activity. There is $3,000 of ordinary business income in box 1 of
Pavel invested in an S corporation. He is not materially involved in the activity. There is $3,000 of ordinary business income in box 1 of your Schedule K-1. What type of income is this? 1. Non-passive income. 2. Other income. 3. Passive income. 4. Portfolio income
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Auditors Guide To IT Auditing Software Demo
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
