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a . Respond to the following: In 2 0 2 3 , how are qualified dividends taxed? Qualified dividends are taxed at either 0 %
a Respond to the following: In how are qualified dividends taxed?
Qualified dividends are taxed at either or depending on income and filing status.
b Complete the following paragraph that outlines the tax rates and application for qualifying dividends.
A single taxpayer with taxable income of $
X or below would have capital gains taxed at a rate of
If that same single taxpayer's taxable income was over $
and up to $
the capital gains rate would be
And if that taxpayer made over $
of taxable income, the capital gains rate would be
In addition, certain highincome taxpayers may also need to pay an additional
Medicare tax on their net investment income
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