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Understanding aggregated activities for section 465 at risk purposes
I’m currently doing my taxes on TurboTax business. From my understanding I think I should be checking off “aggregated activities for section 465 at risk purposes”. I am an S-Corp with material spending. I don’t think I’m at risk for more than one activity as my expense is ONLY material. Am I correct?
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March 1, 2025
11:57 AM