Question
1. Which of the following US source income earned by a NRA would be taxed as ECI? a.Income from a US partnership b.Rental income from
1. Which of the following US source income earned by a NRA would be taxed as ECI?
a.Income from a US partnership
b.Rental income from real property located in the US where a NRA elects to treat this income as ECI
c.income from providing services in the US
d.Each of these source
2.Which of the following would be US source income of an NRA that would be classified as ECI?
a.Sale of inventory by an NRA that takes place in France but is facilitated through a US company where the NRAs French company materially participates in the sale
b.Sale of inventory by an NRA that takes place in France but is facilitated through a US company where the NRAs French company does not participate in the sale
c.Interest received from bond investments in US companies
d.Dividends received from stock investments in US companies
3. Which of the following would be ECI?
a.An NRA operates a manufacturing business in the US and earns dividends, interest, and capital gains income from company investments
b.An NRA receives alimony from a divorce in the US
c.An NRA operates a hedge fund in the US and earns dividends, interest, and capital gains income from the funds portfolio
d.All of these sources are ECI
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