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
Il passive income
Ill capital gains income
a. I
b.
C.
d.
II
I and II
I and III
Please select the best answer from the choices provided
OA
OB
O
C

Answer 1

Zoe's salary of $38,000 per year is earned income (I). The income from tutoring, at $20 per session, is also earned income as it comes from her active efforts in providing a service (I).

Therefore, the correct answer is:

d. I and II