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

---

Definitions:

Generativity Vs. Stagnation

A stage of adult development focusing on creating or nurturing things that will outlast an individual, versus a lack of psychological growth.

Isolation Vs. Intimacy

A concept describing the developmental challenge of establishing close relationships versus the risk of feeling isolated from social connections.

Trust Vs. Mistrust

A theory by Erik Erikson that describes the first stage of psychological development, where infants learn to trust or mistrust their caregivers and the world based on their experiences.

Psychosexual Stages

A Freudian theory describing five stages of childhood development, each marked by a different focus of libido (sexual desire), influencing personality.