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8) How much additional federal tax will an individual pay on a $100 eligible dividend if her marginal tax bracket is 26% ? the dividend
8) How much additional federal tax will an individual pay on a $100 eligible dividend if her marginal tax bracket is 26% ? the dividend gross up for eligible dividends is 38%, and the dividend tax credit is 15.0198% of the grossed-up dividend. a) 26.00 b) 15.15 c) 35.88 d) 20.73
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