* Was the XYZ Partnership a passive or nonpassive
* Assets producing both passive and nonpassive
income during a taxable year must be treated as being partly passive and partly nonpassive
in proportion to the respective amounts of each type of income produced by the asset.
The major cause of loss of prosthetic restorations on implants, bone loss of the ridge, fracture, or mobility of implants is nonpassive
For the performed analysis, the concept of relative passivity index, which is applicable for both passive and nonpassive
systems, is addressed and modified to a lower number by the use of appropriate feedback or feed-forward compensators.
In both years, the company claimed deductions for repairs and maintenance, taxes and licenses, depreciation, and "other deductions." It allocated 100% of the profits and losses to Cooke, who reported the losses as nonpassive
on Schedule E, Supplemental Income and Loss, of his income tax return and deducted them against other nonpassive
A special allowance for real-estate rental activities with active participation permits a loss against nonpassive
income of up to $25,000, which phases out when modified adjusted gross income is between $100K and $150K.
Binary logistic regressions show an odd of 1.6 higher risk of overweight with 95 % CI: 1.0-2.7 in nonpassive
smokers compared to passive smokers.
Seneviratne, "Bilateral shared autonomous systems with passive and nonpassive
input forces under time varying delay," ISA Transactions, vol.
(2000), decreases as (nonpassive
) institutional ownership increases.
In 2012, the Fayetteville office of the IRS determined that the couple's income from real estate activities for tax years 2009 and 2010 should be reclassified from nonpassive
income to passive income, resulting in additional taxes and interest owed--$69,851 for 2009 and $52,291 for 2010, according to Holmes' order.
However, because investment in real estate is generally a passive activity, such losses may normally offset only other passive income of the taxpayer, although passive losses and the deduction-equivalent of credits with respect to certain rental real estate activities may offset up to $25,000 of nonpassive
income of an individual.
Provided the taxpayer satisfies one of the seven tests, the activity will be considered nonpassive
or "active." For purposes of the material participation tests, any work performed in a taxpayer's capacity as an investor will not count as "active" participation unless the taxpayer is directly involved in the day-to-day management or operations of the activity.