activity

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Synonyms for activity

Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002

Synonyms for activity

energetic physical action

The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Synonyms for activity

any specific behavior

(chemistry) the capacity of a substance to take part in a chemical reaction

a process existing in or produced by nature (rather than by the intent of human beings)

Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
1.469-2T(c)(1) provides: "Except as otherwise provided in the regulations under section 469, passive activity gross income for a taxable year includes an item of gross income if and only if such income is from a passive activity."
This would result in 100% or $1,500 of passive activity gross income rather than $750 as in the prior example.
Under those rules, the gross income of an individual from intangible property, "such as a patent, copyright, or literary, musical, or artistic composition, if the taxpayer's personal efforts significantly contributed to the creation of such property" is excluded from the definition of passive activity gross income. (9) Personal goodwill does not on its face seem like a patent, copyright, etc., but it is an intangible that was personally developed by the seller.
In other words, both the losses and the reimbursement should be taken into account in the calculation of the partnership's gross income, not its passive activity gross income. (8) The exception does not apply to losses that occur regularly in the conduct of the activity, such as theft losses from shoplifting in a retail store, or accident losses sustained in the operation of a rental car business.
Accordingly, the debt forgiveness income is characterized as passive activity gross income that can be offset only by passive activity deductions.