6. What differentiates passive income from unearned income? (LO 1-2) a. Passive income is earned income. b.
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6. What differentiates passive income from unearned income?
(LO 1-2)
a. Passive income is earned income.
b. Unearned income is income that does not have to be reported on income tax returns.
c. Unearned income is the value of bartered services or goods.
d. There is no difference.
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Related Book For 
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ISBN: 9780077861728
2nd Edition
Authors: Robert Walker, Kristy Walker
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