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

question 114

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 during the year
• C) taxpayer participated 95 hours during the year and participation is not less than any other participants for the year
• D) taxpayer participated in the activity for 995 hours during the year
• E) None of the above