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  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 7: Investments
  5. Question
    A Passive Activity Is Any Activity That Involves a Trade
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A Passive Activity Is Any Activity That Involves a Trade

Question 23

Question 23

True/False

A passive activity is any activity that involves a trade or business or rental activity in which the taxpayer does not materially participate.

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