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Choose the response that correctly describes qualified dividends. a. Additional dividends paid to investors from the accumulated earnings of a company. b. Distributions of cash
Choose the response that correctly describes qualified dividends.
a. Additional dividends paid to investors from the accumulated earnings of a company.
b. Distributions of cash that are automatically used to purchase additional shares of stock..
c. Distributions paid from the earnings and profits of a company and classified as ordinary income.
d. The portion of ordinary dividends subject to the same tax rates that apply to long-term capital gains.
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