Generally, Which of the Following Does Not Correctly Categorize the Type

question 60

Multiple Choice

Generally, which of the following does not correctly categorize the type of income?

• A)rental real estate - passive income/loss
• B)salary - active income/loss
• C)dividends - portfolio income/loss
• D)capital losses - passive income/loss
• E)all of these

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Definitions:

Reporter

A person who investigates and reports on news stories for newspapers, magazines, television, or radio.

Submission

in a professional or academic context, refers to the act of presenting a document, proposal, or piece of work for review or consideration.

Records

Documented information or data that is collected and maintained as evidence of activities, transactions, or decisions.

Tensions

The mental or emotional strain caused by conflicting thoughts, situations, or feelings.