Sentences with phrase «than material participation»

This is a less stringent standard than material participation.

According to the IRS, passive income is defined as income received from less than material participation.

Not exact matches

Once again, it must be made clear that talk of enrichment is not meant to suggest that God becomes any more «God» than he always has been; what is intended by such language is simply that, because God is supremely related to all occasions, these various occurrences provide material for his fuller expression in relationship with creation and at the same time bring about an enhancement of the divine joy as well as a participation through «suffering» (or sharing as participation) in all that takes place in the world.

With the added incentive of the free DVD prize, the large cash prizes with matching category manager prizes, and the easy to access display materials, we expect to attract an even a higher rate of participation than last year.»

If you have set aside more than 500 hours for a business or any activity and you are earning profits then it's a material participation.

● $ 6,000 living allowance ● $ 2,000 materials stipend (prorated for residencies shorter than three months) ● Furnished one - bedroom condominium with Wi - Fi ● Private workspace (230 — 819 square feet) with Wi - Fi ● Participation in a group exhibition on the second or third floor of McColl Center ● Photo and video documentation ● Technical and administrative services ● Reimbursement for one round - trip economy - class flight ● Opportunities to engage with McColl Center audiences via public programs

Thanks to ever - expanding global participation — Christie's said it had 327 bidders from 40 countries — the total was 13 percent higher than last February (albeit from 30 percent more material), and both houses sold more than 86 percent of their lots.

Thus, if the taxpayer works more than 500 hours in the business, it is not a SPA as 500 hours is one of the qualifying tests for material participation.