AAFM Exam CTEP Topic 1 Question 38 Discussion

Actual exam question for AAFM's Chartered Trust & Estate Planner (CTEP) Certification Examination exam

Question #: 38
Topic #: 1

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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2 days ago

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

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13 days ago

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

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14 days ago

But doesn't it also exclude (iii)?

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15 days ago

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

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16 days ago

D) All of the above

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17 days ago

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

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