An Individual Considering Using Dietary Supplements or Drugs to Enhance

question 52

Multiple Choice

An individual considering using dietary supplements or drugs to enhance performance should understand that

• A)supplements can help change an untrained person into a fit person.
• B)anabolic steroids are a safe way to increase strength.
• C)supplements are usually inexpensive ways to build strength.
• D)the long-term effects of many supplements are unknown.

---

Definitions:

Material Participation

Active involvement in the operations of a business or trade, as defined by the IRS, to qualify for certain tax benefits.

Trade or Business

An activity conducted for the production of income from selling goods or performing services, differentiating from investment or leisure activities for tax purposes.

Schedule K-1

A tax document used in the United States to report an individual's share of income, deductions, credits, etc., from partnerships, S corporations, or other pass-through entities.

Schedule E

A part of the IRS tax forms used for reporting income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.