active qualified trade or business
Defined in 1 place of the United States Code.
The term “active qualified trade or business” means, with respect to any taxpayer for any taxable year, any qualified trade or business of the taxpayer in which the taxpayer materially participates (within the meaning of section 469(h)).
Source
- 2026–present26 U.S.C. § 199AInternal Revenue Code · Qualified business income · for purposes of this section