Which of the following items are subject to the Net Investment Income tax when a partner is a not a material participant in the partnership?
A) Partner's distributive share of dividends.
B) Partner's distributive share of interest.
C) Partner's distributive share of ordinary business income.
D)All of these are correct.

Question

Quizplus · Accepted Answer

All of the items listed (dividends, interest, and ordinary business income) are subject to the Net Investment Income tax when a partner is not a material participant in the partnership.

Which of the Following Items Are Subject to the Net