Which of the Following Statements About Ordinary Income and Capital

question 26

Multiple Choice

Which of the following statements about ordinary income and capital gain is true?

• A) Income characterized as capital gain can have no additional tax characteristics.
• B) Individuals pay tax on their capital gains at a preferential the same rate as ordinary income.
• C) Corporations pay tax on both ordinary income at their regular rate and capital gain at their regular a preferential rate.
• D) Individuals pay tax on their capital gains at a preferential rate and corporations pay tax on both ordinary income and capital gain at their regular rate.

---

Definitions:

Accidental

describes an event or occurrence that happens unexpectedly and unintentionally, often resulting in some form of damage or inconvenience.

Accuracy Issue

A problem related to the correctness or precision of information or outcomes.

Accessibility Issues

Accessibility Issues refer to the challenges and barriers that individuals with disabilities face when accessing digital content, technologies, and environments.

Information

Data that has been processed, organized, or structured in a way that is meaningful and useful to the person who receives it.