In the Fall of 2007, the Pew Internet & Life

question 36

Multiple Choice

In the fall of 2007, the Pew Internet & Life Project conducted telephone interviews with a sample of American adults aged 18 and older about online shopping. American
Adults aged 18 and older constitute the ______ of the study.

• A) Who
• B) What
• C) When
• D) Where
• E) How

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Definitions:

Personal/Rental Property

Real estate that is used by the owner or rented out to others, can be subject to different tax treatments based on its use.

Personal Use

The use of property or resources for individual needs or activities not related to business or profit-making.

Schedule C

Schedule C is a tax form used by sole proprietors to report their business income and expenses to the IRS.

Schedule E

Used by taxpayers to report income and losses from rental property, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.