Thank you for your reply....just want to confirm based on the following found in the Turbo Tax info tab:
This means that you were actively working in the business on a consistent, year-round basis. (An investor normally does not qualify.)
Work more than 500 hours in the year, or between 100 and 500 hours in certain cases, OR
- Perform all the work, even if you work fewer than 100 hours, OR
- Worked actively for five of the last ten years (they do not have to be consecutive) or three years if it was a personal service, such as consulting
- I worked under 100-500 hours
- I did not perform all the work as the athletic department manages the event. What does ALL mean?
- Did not work the 3- 5 years stipulation nor on a yearly routine basis.
Do I still mark YES actively participating based on above?
Thanks in advance.
