Question: Question Mode Multiple Choice Question Please choose the statement that is INCORRECT when referring to net passive income? Multiple choice question. Net passive income may

Question Mode
Multiple Choice Question
Please choose the statement that is INCORRECT when referring to net passive income?
Multiple choice question.
Net passive income may be subject to the net investment income tax of 3.8% in addition to regular income tax.
Net passive income is taxed at long-term capital gains rates.
Net investment income includes net passive income.

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