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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
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.
$15.15
$26.00
$35.88
$20.73
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