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Bruce owns XYZ Co. common stock, which he bought in 2020. He was paid a dividend of $500 for the current year. These qualified dividends
Bruce owns XYZ Co. common stock, which he bought in 2020. He was paid a dividend of $500 for the current year. These qualified dividends are generally taxed at what tax rate?
A. Individual tax rate
B. Long-term capital gains tax rate
C. Short-term capital gains tax rate
D. Corporate tax rate
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