Which of the following types of income are not considered ordinary income?
A) Compensation income.
B) Net long-term capital gains (in excess of short-term capital losses) .
C) Qualified dividend income.
D) Both compensation income and qualified dividend income.
E) Both net long-term capital gains (in excess of short-term capital losses) and qualified dividend incomE.Both net long-term capital gains and qualified dividend income are subject to preferential rates and are thus not considered to be ordinary income.
Correct Answer:
Verified
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