Missionary Work and Section 199A:
- Whether missionary work qualifies as a trade or business depends on the specific circumstances.
- If a YOU engage in activities with a good-faith intention to earn a profit (e.g., through donations, fundraising, or other income-generating efforts) and do so regularly and continuously, it may qualify as a trade or business.
- However, if the missionary’s work is purely charitable or religious without any profit motive, it may not meet the criteria for Section 199A.
