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    Passive Income

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    A disadvantage in regards to taxes when it comes to earned income is the limited amount of deductions available. When compared to passive income, deductions on earned income are less plentiful.
    Explain what is meant by "passive income deductions on earned income are less plentiful".

    http://www.taxbraix.com/tax-articles/difference-between-earned-portfolio-passive-income.html.

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    https://brainmass.com/business/accounting/passive-income-424882

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    When identifying deductions for passive income, there are special rules that ...

    Solution Summary

    The solution explains what is meant by "passive income deductions on earned income are less plentiful."

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