4 If a taxpayer derives personal pleasure from an activity, it is presumed to be a hobby rather than a profit-seeking ac

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answerhappygod
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4 If a taxpayer derives personal pleasure from an activity, it is presumed to be a hobby rather than a profit-seeking ac

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4 If a taxpayer derives personal pleasurefrom an activity, it is presumed to be a hobby rather than aprofit-seeking activity.TrueFalse
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