14. For each of the following income types, indicate the tax rate (if any) that
ID: 2658095 • Letter: 1
Question
14. For each of the following income types, indicate the tax rate (if any) that would apply to a US individual: "C" = Capital gain tax rate "O" = Ordinary tax rate "N" = No tax
____. Amounts borrowed from a bank and distributed to owners of a partnership
____. Regular operating dividends paid to shareholders of REIT stock.
____. Distributions designated as capital gain distributions paid to shareholders of REIT stock.
____. Distributions designated as return of capital distributions paid to shareholders of REIT stock.
____. Income earned from the rental operations of a commercial building.
____. Management fee income collected from running the operations of an apartment complex.
Explanation / Answer
Amounts borrowed from a bank and distributed to owners of a partnership - Ordinary tax rate
Regular operating dividends paid to shareholders of REIT stock - Ordinary tax rate
Distributions designated as capital gain distributions paid to shareholders of REIT stock – Capital Gain Tax rate
Distributions designated as return of capital distributions paid to shareholders of REIT stock- No Tax
Income earned from the rental operations of a commercial building - Ordinary tax rate
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