Which of the following is not a test for passive participation under Sec. 469 ? 500 hour test 250 hour test Substantially all test 5 out 10 years test QUESTION 2 At what AGI level does the Lifetime Learning Credit begin to phase out for a single taxpayer? $80,000$160,000$70,000$120,000 QUESTION 3 What is the correct term for this payment from the land owner's perspective? Leasehold expenses Lease Bonus Payment Workover Expense Intangible Drilling Costs Which of the following is not a test for passive participation under Sec. 469 ? 500 hour test 250 hour test Substantially all test 5 out 10 years test QUESTION 2 At what AGI level does the Lifetime Learning Credit begin to phase out for a single taxpayer? $80,000$160,000$70,000$120,000 QUESTION 3 What is the correct term for this payment from the land owner's perspective? Leasehold expenses Lease Bonus Payment Workover Expense Intangible Drilling Costs