Income that comes from wages or a business is called ________.

Question

Quizplus · Accepted Answer

The income that comes from wages or a business is called active income. Investment income refers to income that comes from investing in stocks, bonds, or other assets. Passive income refers to income that comes from rental properties, limited partnerships, or other forms of passive investment. Portfolio income includes both investment income and capital gains from the sale of assets.

Income That Comes from Wages or a Business Is Called