Which of the following statements about portfolio income from investments that are not held in a tax-deferred account,is accurate?
A) It is also called investment income.
B) It is normally in the form of dividends and interest.
C) It must be reported on your tax return.
D) It may be taxed at a lower rate than wages and salaries are.
E) All of the above
Correct Answer:
Verified
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B)$97,212
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E)$83,462
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