Which of the Following Is Not a General Rule for Allocating

question 40

Multiple Choice

Which of the following is not a general rule for allocating nonbusiness income?

• A)Interest and dividends to the state of commercial domicile.
• B)Rental income for investment property to state of commercial domicile.
• C)Rental income for business property to state where property is located.
• D)Capital gains from rental property to state where property is located.

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