I proctored the ACT once in 2017 and made under $200. I am trying to report this income on Schedule C. Is proctoring the test considered "material participation"?
01618
1 Best answer
MaryK1
Level 9
Jun 6, 2019 9:45:19 AM
Yes, for self employment purposes, material participation involves any activities where you performed the services (as opposed to merely investing money for the activity).
1 Replies
MaryK1
Level 9
Jun 6, 2019 9:45:19 AM
Yes, for self employment purposes, material participation involves any activities where you performed the services (as opposed to merely investing money for the activity).