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Thread: What Counts as Annual Income for Chase Application Purposes?
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Old Apr 23, 2021 | 7:55 am
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Often1
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Join Date: Aug 2010
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Originally Posted by richarddd
I've sometimes wondered if the increase in value of investments counts as income (for example, see Income - Wikipedia) or if the proceeds from a sale of an asset counts as income (rather than only the profit on a sale).
I would justs stick to the card issuer's definition. As you can see with Chase, it is broader than the IRS definition in many respects.

I cannot imagine any situation in which valuation, as opposed to proceeds, counts. Would you reduce your income in a bad year if the value dropped?
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