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FINRA Series 6

Category - Series 6

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The dividends distributed by which of the following are taxed as ordinary income?

mutual funds
closed-end investment companies
IBM
real estate investment trusts

Explanation

Answer: D - The dividends distributed by real estate investment trusts are taxed as ordinary income. Dividends on all of the other choices are subject to preferential tax treatment under current tax laws.

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FINRA Series 6

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FINRA Series 6

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