Examlex
A broad conceptual framework about diversity within groups includes
Portfolio Income
Income from investments, including dividends, interest, and capital gains.
Material Participant
An individual who is actively involved on a regular, continuous, and substantial basis in the operations of a business, affecting their tax treatment of losses.
Form 6198
An IRS form used by taxpayers to determine the amount of loss from an at-risk activity that is deductible.
IRC
The Internal Revenue Code, which is the comprehensive set of tax laws in the United States governing federal tax obligations.
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