Which of these is not a test that must be met to use the nonfarm optional method?
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Net nonfarm profits must be less than $7,103 and less than 72.189% of gross nonfarm income |
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Taxpayer has paid all required estimated payments throughout the tax year |
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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 |
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Taxpayer has not used the nonfarm optional method in more than four previous years |
