For Passive Income we have terms and definitions in 5 topics. The topics are Accounting, Accounting Terms, International Business, Real Estate and Securities.

Passive Income (Accounting)

Includes income derived from such sources as dividends, interest, royalties, rents, amounts received from personal service contracts, and income received as a beneficiary of an estate or trust.

Passive Income (Accounting Terms)

Includes income derived from such sources as dividends, interest, royalties, rents, amounts received from personal service contracts, and income received as a beneficiary of an estate or trust.

Passive Income (International Business)

In the U.S. tax code, income (such as investment income) that does not come from active participation in a business.

Passive Income (Real Estate)

Income generated when a person is not active in a business or occupation. Examples of situations where passive income is generated include limited partnerships or rental income remaining after allowable deductions. (See limited partnerships)

Passive Income (Securities)

For tax purposes, income from direct investments in a business venture by an investor who does not actively participate in management, such as income from limited partnerships.

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