Which of the following is a false (untrue) statement? A. Gains on stock holdings are...
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Accounting
Which of the following is a false (untrue) statement?
A. Gains on stock holdings are not subject to taxation until the stock is actually sold.
B. One can only exclude the gain on one's sale of a personal residence once every 5 years.
C. Wealthier taxpayers may be subject to the 3.8% net investment income tax that includeds investment income such as interest, dividends, annuities, rents, and net capital gains.
D. All of the above statements are true (correct).
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