Since many commercial properties are held by limited liability corporations or limited partnerships,it is important to understand the tax consequences at the individual investor level.Individuals face different tax rates depending on the level of their taxable income.As of 2012,an individual making between $$85,650 and $178,650 would fall into which of the following tax brackets?

Question

Quizplus · Accepted Answer

According to the IRS tax brackets for the year 2012, an individual earning between $85,650 and $178,650 falls into the 28% tax bracket. Therefore, the correct choice is C.

Since Many Commercial Properties Are Held by Limited Liability Corporations $$85,650 and $178,650 Would Fall into Which of the Following