Which of the following is not classified as portfolio income for tax purposes? a. Interest income on

Question:

Which of the following is not classified as portfolio income for tax purposes?

a. Interest income on savings accounts.

b. Dividends paid from a credit union.

c. Net rental income from real estate partnership.

d. Dividend income from stock.

e. All of the above are classified as portfolio income

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...

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