Question: In November ABC Corp declared a dividend. Ira bought shares of ABC on November 3 and the dividend was paid to shareholders of Record on
In November ABC Corp declared a dividend. Ira bought shares of ABC on November 3 and the dividend was paid to shareholders of Record on November 15. Ira sold his stock on November 30. Ira received $5,000 of dividend income. How much tax will Ira pay on the dividend income?
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