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Which of the following is NOT a requirement that a business activity must meet to qualify as a significant participation activity? * The taxpayer participated

Which of the following is NOT a requirement that a business activity must meet to qualify as a significant participation activity?

*

The taxpayer participated more than 100 hours during the year.

The activity may be a rental or investment activity.

The business activity must be a passive activity.

The activity does not meet material participation requirements.

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