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Which of the following is NOT a requirement that a business activity must meet to qualify as a The taxpayer participated more than 100 hours

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Which of the following is NOT a requirement that a business activity must meet to qualify as a 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 His du s articipation Activities are treated as: Passive, and the losses are subject to the passive loss rules. Nonpassive, and losses are subject to the passive loss rules. O Passive losses that can be used to offset nonpassive income. O Nonpassive losses that cannot be used to offset nonpassive income. Mark for follow up Question 39 of 55. Which of the following is NOT a requirement that a business activity must meet to quality 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 Mark for follow up Summary Next Back Save / Return Later DOLL WER

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