Which of the Following Is Not a Characteristic of a Bond

question 164

Multiple Choice

Which of the following is not a characteristic of a bond?

• A)its tax treatment
• B)its credit risk
• C)its term
• D)its dividend yield

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Definitions:

Personal Exemption

A deduction that allowed taxpayers to reduce taxable income for themselves and for any dependents claimed, notably reduced to $0 for tax years 2018 through 2025 under the Tax Cuts and Jobs Act.

Qualifying Relative

A designated family member or other individual who meets specific IRS criteria for dependency exemptions.

Blind

A status on tax filings that provides additional deductions or credits for individuals who are legally blind.

Joint Return

A tax return filed jointly by a married couple, combining their incomes, exemptions, and deductions.