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Elisha is a photographer and charges a set fee to photograph weddings. This is an example of ___ income. a. capital gains b. earned c. hourly d. passive Please select the best answer from the choices provided A

Ask by Stuart Gough. in the United States
Mar 11,2025

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Answer

Elisha's income is earned income.

Solution

The best answer is: b. earned Earned income refers to money received for work performed, which applies to Elisha as a photographer charging a fee for his services.

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The best answer is b. earned. Earned income is generated from working or providing services, like photography in Elisha's case, where he receives a fee for his labor and expertise. In the world of photography, particularly for weddings, it's not just about snapping pictures; it's about crafting a narrative. Photographers often invest time in consultations, venue scouting, and post-editing. All that hustle contributes to their earned income, making it a fulfilling yet demanding profession!

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