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Discussions
AAFM Discussions
CTEP Exam - Topic 3 Question 11 Discussion
AAFM CTEP Exam - Topic 3 Question 11 Discussion
Actual exam question for AAFM's CTEP exam
Question #: 11
Topic #: 3
[All CTEP Questions]
Which of the following income comes under ''FDAP Income''?
A
Both (i) and (ii)
B
All except (iv)
C
All except (iii)
D
All of the above
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Suggested Answer:
D
by
Sheron
at
Sep 19, 2022, 02:44 PM
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Lon
4 months ago
Really? I doubt all of them qualify as FDAP income.
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Dannette
4 months ago
Wait, all of the above? That seems too broad!
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Rodrigo
5 months ago
Not sure about that, I lean towards option B.
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Eleonora
5 months ago
I think it's option A, both (i) and (ii)!
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Sommer
5 months ago
FDAP income includes fixed or determinable annual or periodical gains.
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Chanel
5 months ago
I thought FDAP income included most types of passive income, so maybe option D is the right choice?
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Aliza
5 months ago
I feel like option A might be correct since it includes both types of income, but I'm not entirely confident.
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Georgeanna
5 months ago
I think I practiced a similar question where we had to identify types of income, but I can't recall if all of them apply here.
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Louisa
5 months ago
I remember FDAP stands for Fixed, Determinable, Annual, or Periodical income, but I'm not sure which options fit that definition.
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Filiberto
5 months ago
This question seems straightforward. I'll carefully read through the statements and compare them to the answer options.
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Helga
5 months ago
I'm leaning towards "Duplicate," but there were so many options that it's hard to keep track!
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Helga
5 months ago
This feels like a trap. The wording is complex on purpose. I'll eliminate any contradictions and go with my gut.
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Lon
4 months agoDannette
4 months agoRodrigo
5 months agoEleonora
5 months agoSommer
5 months agoChanel
5 months agoAliza
5 months agoGeorgeanna
5 months agoLouisa
5 months agoFiliberto
5 months agoHelga
5 months agoHelga
5 months ago