$15,000 in 5 Ultra-High-Yield Stocks Can Generate $8,720 in Yearly Passive Income

Core Insights - The Internal Revenue Service (IRS) defines passive income as earnings derived from rental activities or any trade, business, or investment where the individual does not materially participate [1] Summary by Category - Definition of Passive Income - Passive income includes earnings from rental activities [1] - It also encompasses any trade, business, or investment in which the individual does not materially participate [1]