The IRS definition of passive income includes 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 provides no new policy change, financial figures, or market-moving developments.
The IRS definition of passive income includes 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 provides no new policy change, financial figures, or market-moving developments.
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