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In 2020, Ben Lane and his wife, Ann, received dividends of $500 and $25, respectively, from taxable domestic corporations. What amount of these dividends could
In 2020, Ben Lane and his wife, Ann, received dividends of $500 and $25, respectively, from taxable domestic corporations. What amount of these dividends could be excluded from the Lanes taxable income on their 2020 joint return? |
$0. $275. $500. $525.
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