Please Match the Description with Type of Need the Appropriate

question 1

Multiple Choice

Please match the description with type of need the appropriate.
-An approach for conceptualizing needs by contrast to a baseline

• A) Normative
• B) Felt
• C) Expressed
• D) Comparative

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Definitions:

At-Risk Rules

Tax regulations that limit the amount of deductible losses from certain types of investments to the amount the taxpayer has at risk.

Passive Activity Losses

Financial losses in activities in which the taxpayer does not materially participate, with limitations on their use to offset other income.

Passive Losses

Financial losses from activities in which the taxpayer does not materially participate, such as rental property.

Portfolio Income

Income from investments, including dividends, interest, and capital gains.