volved in business activities to deduct expenses incurred to gene receive from doing business in gross income, they should be all hose revenues. for reasons we discuss below, we must distinguish business activ either profit-motivated or motivated by personal objectives. Profi es or (2) investment activities. Business activities are sometimes th level of involvement or effort. For example, if an individual is Self-employed individuals are also engaged in business activities. activities that don't require a high degree of involvement or effor ion or for income payments. An individual who occasionally hu