Asked by a

Padraig is a financial advisor. He earned a salary of $80,000 last year and sold stocks for $5,000. Which of the following types of income did Padraig have?
I earned income
II passive income
III capital gains income
a.
I and II
b.
I and III
c.
II and III
d.
III


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
B

Salary is earned income (I). Selling stocks results in capital gains (III). The stock sale is not passive income.