The IRS defines passive income as earnings from rental activity or from a trade, business, or investment in which the individual does not materially participate. The article is purely definitional and contains no market-moving figures, policy changes, or company-specific developments.
The IRS defines passive income as earnings from rental activity or from a trade, business, or investment in which the individual does not materially participate. The article is purely definitional and contains no market-moving figures, policy changes, or company-specific developments.
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