Which of these is not a test that must be met to use the nonfarm optional method?
|
|
Net nonfarm profits must be less than $7,493 and less than 72.189% of gross nonfarm income |
|
|
Taxpayer has paid all required estimated payments throughout the tax year |
|
|
Net earnings from nonfarm self-employment are $400 or more in at least two of the three years before the year this method is used |
|
|
Taxpayer has not used the nonfarm optional method in more than four previous years |
