06.24.2022 - By Jeff Rose, CFP®
We all love the idea of making money while we sleep. Regardless of how or when you make money - the IRS is going to want their cut. I am answering a reader question today. The question is ‘How is passive income taxed.’ Let’s dive in and talk about passive income. 02:01 What is passive income 04:59 True passive income sources 05:53 Semi-passive income sources 06:33 Material participation and/or activity Resources 28 Passive Income Ideas To Build Real Wealth Best Passive Income Apps Check out my YouTube channel here. Follow me on Twitter and Instagram.