Which of the Following Types of Income Is Not Subject

question 30

Multiple Choice

Which of the following types of income is not subject to the "kiddie tax"?

• A)Interest income
• B)Dividend income
• C)Salary income
• D)Capital gains on stock sales
• E)All of the above are subject to the "kiddie tax"

---

Definitions:

Finance Charges

The cost of borrowing money on credit, including interest and other fees.

Billing Cycle

A predetermined amount of time set by the credit card company that is used for calculating a credit card bill.

Credit Card

A type of credit card account that has a revolving charge where the entire bill does not have to be paid in full each month.

Deferred Payment Plan

A payment arrangement that allows payment to be postponed for a certain period, often used in loans and purchase agreements.