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Am I considered a qualified business?
I am at the section where it asks "is this activity a qualified trade or business under section 199a?"
Per the IRS website I think The definition of a qualified business is "
Your primary purpose for engaging in the activity is for income or profit.
You are involved in the activity with continuity and regularity."
I made $2000 last year from a few farmers markets and a few deliveries a month for a couple months.
Would this be considered a qualified business?
March 17, 2025
9:29 PM