Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are lottery winnings considered passive income?

income lottery passive winnings
0
Posted

Are lottery winnings considered passive income?

0 CommentsAdd a Comment

1 Answer

0

No; lottery winnings do not qualify as passive income under TTC 171.0003.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123