Padraig is a financial advisor. He earned a salary of $80,000 last year and sold stocks for $5,000. Which of the following types of income did Padraig have?I earned incomeII passive incomeIII capital gains incomea.I and IIb.I and IIIc.II and IIId.III
Accepted Solution
A:
B IS YOUR ANSWER,
Because, Padraig must have two types of income here. He had EARNED INCOME by receiving the $80,000 salary and he had CAPITAL GAINS SALARY for selling stocks for $5,000.