Question

Taxes are often owed on

initial investments.
the current value of investments.
the real value of investments.
investment returns.

Answer 1

The current value of investments. B

Answer 2

The correct answer is option (b) the current value of investments..

Explanation:

• Taxes are often owed on the current value of investments.
• Interest income from investments is generally treated like ordinary income for federal tax purposes.
• A tax is referred a compulsory financial charge or some other type of levy imposed on a taxpayer through a governmental organization.
• In order to fund government spending and various public expenditures, and tax.