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1. 2. 3. rate is 35%, and your personal tax rate on (both dividend and non-dividend) income is 20%. How much is left for you
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rate is 35%, and your personal tax rate on (both dividend and non-dividend) income is 20%. How much is left for you after all taxes are paid? You are a shareholder in an S corporation. The corporation earns $1.89 per share before taxes. As a pass through entity, you will receive $1.89 for each share that you own. Your marginal tax rate is 30%. How much per share is left for you after all taxes are paid? 30%. How much per share is left for you after all taxes are paidStep by Step Solution
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