Lee Tanaka spent 225 hours in the tax year marketing garden tools by a partnership...
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Accounting
Lee Tanaka spent 225 hours in the tax year marketing garden tools by a partnership in which he is a member. He also worked 140 hours with a floral design partnership that does decorations at weddings and funerals. Finally, he spent 155 hours in an investment club partnership managing the group stock trades. None of the entities are PTPs. He is considered a(n) ___________________ for all activities.
is she an employee, material participant or active participant, or significant participant?
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