Which of the Following Is Not Generally Classified as a Passive

question 71

Multiple Choice

Which of the following is not generally classified as a passive activity?

• A)an activity in which the taxpayer does not materially participate
• B)a limited partnership interest
• C)rental real estate
• D)a business in which the taxpayer owns an interest and works 1,000 hours a year

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Definitions:

Coracoid Process

A small hook-like structure on the lateral edge of the superior anterior portion of the scapula (shoulder blade).

Medial Cuneiform

One of the bones in the foot, located in the medial side of the midfoot, contributing to the arch of the foot.

Scaphoid Bone

One of the carpal bones in the wrist, located on the thumb side, playing a key role in wrist movement and stability.

Hamate

A carpal bone found in the wrist, identifiable by its hook-like shape.