Which of the following types of income are not considered ordinary income?
A)Compensation income.
B)Net long-term capital gains (in excess of short-term capital losses).
C)Qualified dividend income.
D)Both compensation income and qualified dividend income.
E)Both net long-term capital gains (in excess of short-term capital losses)and qualified dividend income.

Question

Quizplus · Accepted Answer

Net long-term capital gains and qualified dividend income are taxed at preferential rates and are not considered ordinary income, unlike compensation income which is taxed as ordinary income.

Which of the Following Types of Income Are Not Considered