Which Taxpayer Would Not Be Considered a Material Participant of an Activity

question 20

Multiple Choice

Which taxpayer would not be considered a material participant of an activity?

• A) taxpayer materially participated in the activity for any five of the preceding ten years
• B) taxpayer participated on a regular, continuous, and substantial basis last year
• C) taxpayer participated 95 hours last year and participation is not less than any other participants for the year
• D) taxpayer participated in the activity for 995 hours last year
• E) None of these

---

Definitions:

Pap Test

A medical procedure used to test for cervical cancer in women, involving the collection of cells from the cervix.

Intellectual Property Rights

Legal protections granted to creators for their inventions, designs, and artistic works to prevent unauthorized use or reproduction.

Branding

The process of developing a unique identity and image for a product or service in the consumers' mind through marketing strategies like names, logos, and slogans.

Age-Defying Products

Products specifically designed to reduce or mask the effects of aging, particularly on the skin.