Which of the following illustrates a tax shelter? a) Dividend income b) Interest earned on a savings
Question:
Which of the following illustrates a tax shelter?
a) Dividend income
b) Interest earned on a savings account
c) A stock purchased for $10 that is currently worth $25
d) An IRA
e) A Roth account
f) The sale of a stock purchased in 2005 for a $1,000 capital gain.
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