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 2009,an individual making between $82,250 and $171,550 would fall into which of the following tax brackets?

Question

Quizplus · Accepted Answer

According to the 2009 tax brackets, the tax rate for an individual making between $82,250 and $171,550 is 28%. Therefore, the correct option is C.

Since Many Commercial Properties Are Held by Limited Liability Corporations