Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Foreign Tax Credit Workout

Skills Workout

Certification Warm Up: Question 2 of 3

Georgia is a U.S. citizen who lives and works in England. She maintains a bank account in a London bank that withholds a mandatory 21% of interest income as income tax. She also receives dividend income from a U.S. corporation. How should her interest income be classified?

Lump-sum distribution
General category income
Section 901(j) income
Passive category income