Ruth Darma is a shareholder who is not involved in the day-to-day activities of an S corporation. Her interest in the business is a passive activity.

Name: Ruth Darma is a shareholder who is not involved in the day-to-day activities of an S corporation. Her interest in the business is a passive activity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

As a shareholder who is not involved in the day-to-day activities of the S corporation, Ruth Darma's interest in the business is considered a passive activity.

Ruth Darma Is a Shareholder Who Is Not Involved in the Day-To-Day