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balandron [24]
3 years ago
7

Portfolio income included all of the following EXCEPT:

Business
1 answer:
Mademuasel [1]3 years ago
7 0

Answer:

Guaranteed payments received by a partner

Explanation:

Guaranteed payments from a partner is considered as passive income.

Portfolio income is income from various investments including shares, mutual funds, annuity, and shares. Such as interest, dividends, royalties, capital gains from stock sales.

The other types of income are earned income and passive income.

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