There Is No Limit on the Amount of Passive Investment

question 111

True/False

There is no limit on the amount of passive investment income that an S corporation can receive during the year.

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Definitions:

Genetic Diseases

Disorders caused by abnormalities in an individual’s DNA, often leading to dysfunctions in health and development.

Gene Therapy

Any of a variety of methods designed to correct a disease or alleviate its symptoms through the introduction of normal, therapeutic genes into the affected person’s cells.

Genetic Disease

A disorder caused by abnormalities in an individual's DNA, often inherited from one's parents.

Genetic Mutation

A change in the nucleotide sequence of an organism's DNA, resulting in diversity within populations.