ilmscore | Prediction Details
"there are three General categories of income you have earned income this is the money you make from your job your W-2 income you have your portfolio income this is essentially your investment income if you buy a stock and sell it for profit more than a year later that's considered portfolio income and then you have passive income this is the income you get from your rental properties"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 00:32:45 - 00:33:07
Interpreted Prediction
Income is categorized by the IRS into three types: earned income (from jobs), portfolio income (from investments held over a year), and passive income (from rental properties).

Prediction Details

Topic
Income Categorization for Taxation

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