Question

Money received by an individual for personal effort is classified as ______________ income. passive earned portfolio excluded capital gains

Answer 1

The correct answer would be : Earned Income

Basically , all the money you earn by working is called an earned income whether you obtain it by working for somebody or run your own business. All income from your earned income are subjects to taxable income and wages

Answer 2

Answer:

The Correct Answer is "Earned money".

Explanation:

The money you earned by giving your service as an employee is known as Earned money or Income. Earning is fixed if it comes from the source which decided your pay before an Individual joined them. Earned money is the money which an Individual obtained from different sources such as:

• Government transfers.
• Investment Income.
• Self-Employment Income.
• Employment Income.