Which of the following statements about portfolio income from investments that are not held in a tax-deferred account, is accurate?

Question

Quizplus · Accepted Answer

All the statements are accurate. Portfolio income from investments that are not held in a tax-deferred account is also called investment income and is usually earned in the form of dividends and interest. It must be reported on your tax return, and depending on the type of investment and how long it was held, it may be taxed at a lower rate than wages and salaries are.

Which of the Following Statements About Portfolio Income from Investments