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For the passive activity rules, it's the integral economic unit for measuring a taxpayer's level of participation in a trade or business One location can have more than one business activity For example, you might have an S corporation that sells computers at retail and does typesetting working out of the same location The two may be separate activities On the other hand, two or more related businesses can also be combined into one activity

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Del af tale: noun
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Branche/domæne: Accounting
Category: Tax
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