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Updated almost 6 years ago,
Accredited investor income test
Hi
I was wondering how exactly I should understand the accredited investor income test. The test states:
To be an accredited investor, a person must have an annual income exceeding $200,000, or $300,000 for joint income, for the last two years
Does that mean that as soon as you are married, you need $300k income, not matter if you have one or two incomes. Of can you still use the $200k personal income, if only one person alone makes that much?
Thanks, I'd appreciate any clarification.