The Passive Investment Income of an S Corporation Includes Gains

question 13

True/False

The passive investment income of an S corporation includes gains from the sale of securities.

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Definitions:

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (thoughts, beliefs, or attitudes).

Exercise Behavior

The patterns and habits of physical activity performed by an individual to maintain or improve health.

External Incentive

A motivator or reward from the outside environment that encourages specific behaviors or actions.

Reducing Dissonance

Involves minimizing or eliminating cognitive dissonance, which is the discomfort experienced when holding two or more conflicting cognitions (thoughts, beliefs, or attitudes).