Question

Realized income is _____.

A. The amount of income you anticipate having

B. Income already spent

C. Income that comes from future investments

D. The amount of income on hand

Answer 1

D. The amount of income on hand

Explanation:

Realized income is taxable income.

Anticipating income does not mean that is your taxable income; that is not realized income.

Income already spent has nothing to do with realized income.

Income that comes from future investments is not realized income; it is unrealized income.

Realized income is the amount of income you actually have.