Question

zoe is a chemistry teacher earning a salary of $38,000 per year. she also tutors part - time, charging $20 per session. which of the following types of income does zoe have? i earned income ii passive income iii capital gains income a. i b. ii c. i and ii d. i and iii please select the best answer from the choices provided

Explanation:

Earned income is income from work, such as a salary or wages from a job and income from providing services like tutoring. Passive income is income from rental properties, limited - partnership interests, etc., and capital gains income is from the sale of assets like stocks, real - estate at a profit. Zoe's salary and tutoring income are from work, so they are earned income. She has no indication of passive or capital gains income.

Answer:

a. I