DrRobertBottle OP t1_jeg68af wrote
Reply to comment by DrRobertBottle in Income question on Credit Card application/apartment application/banking includes investment income[US] by DrRobertBottle
Interesting. I found this article and it states:
>Unrealized income or losses are recorded in an account called accumulated other comprehensive income, which is found in the owner’s equity section of the balance sheet. These represent gains and losses from changes in the value of assets or liabilities that have not yet been settled and recognized.
They interchange income and gains. So income are gains and gains are income. Now, I'm leaning towards answer A since capital gains are income regardless if they are realized or not.
sin-eater82 t1_jeg7a08 wrote
Hmm, I mean, I would never lean that way. I can't realistically have negative income next year. That's just not a thing. You can have losses if you look at it that way. I don't think that's really the spirit of the question at all.
As for what you found about businesses, I mean, you're not a business. It's a vastly different context.
It's a weird one. That said, there must be "an answer" somewhere. You're not the only person living off of investments afterall.
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