AAFM Exam CTEP Topic 1 Question 38 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 38
Topic #: 1

[All CTEP Questions]

Which of the following income comes under ''FDAP Income''?

ABoth (i) and (ii)

BAll except (iv)

CAll except (iii)

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Eric at Apr 25, 2024, 08:31 AM

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Caprice

6 months ago

I agree with David, it must be all except (iv).

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Milly

6 months ago

I'm pretty sure FDAP income includes all except (iv).

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Bernardine

6 months ago

But what about option B, all except (iv)?

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Estrella

6 months ago

I think it's all except (iii).

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Elroy

7 months ago

I disagree, I believe it is all of the above.

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Bernardine

7 months ago

I think FDAP income includes both (i) and (ii).

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Kelvin

8 months ago

Yes, it excludes (iii), so C) All except (iii) is the correct answer

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Nadine

8 months ago

But doesn't it also exclude (iii)?

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Sean

8 months ago

I think it includes both (i) and (ii)

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Brynn

8 months ago

D) All of the above

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Kelvin

8 months ago

Which of the following income comes under ''FDAP Income''?

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