Passive income includes income derived from an activity in which the earner does not have any substantial participation. This type of income is…

The question

Passive income includes income derived from an activity in which the earner does not have any substantial participation. This type of income is: (2011 Bar Question)

1. A.usually subject to a final tax.
2. B.exempt from income taxation.
3. C.taxable only if earned by a citizen.
4. D.included in the income tax return.

This question has not been answered yet.