TaxGuyBill
Level 15
07-23-2020
08:17 PM
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The grouping in §469 is among Passive Activities and is for the purpose of achieving Material Participation.
Is the Schedule C business "Passive" where the taxpayer does not Materially Participate? If not, the grouping does not apply.
Even if it is (which is quite unusual), I suspect that you still won't be be achieving what you want.