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Each of the following describes a not for profit activity (hobby) except?
A Mary Kay consultant who deducts travel expenses and whose small customer base was mostly relatives who lived out of town.
a taxpayer who had a model railroad activity and did not keep a separation checking account.
A university research association who had made profits on her research activities in the past and fully expected to do so in the future
a taxpayer who wrote travel while on trips she had planned without consulting a publisher or doing any marketing research

Respuesta :

jepessoa

Answer:

A Mary Kay consultant who deducts travel expenses and whose small customer base was mostly relatives who lived out of town.

Explanation:

A not for profit activity (or hobby) is something that you do simply because you like to do it and generally you should not make a profit from doing it.

A Mary Kay consultant is actually a salesperson whose job is to sell Mary Kay products. Whether she is able to make a profit or not is something different, but selling Mary Kay is actually considered work. Since they are independent consultants, they are considered independent contractors that must file their income taxes.

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