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ive exhausted all attempts please help Mr. and Mrs Lay's taxable income is $681.600, which includes a $22.290 dividend on their investment in Rexford Mutual
ive exhausted all attempts please help
Mr. and Mrs Lay's taxable income is $681.600, which includes a $22.290 dividend on their investment in Rexford Mutual Fund Mr. and Mrs Lay's marginal rate on ordinary income is 37 percent, and their entire Rexford dividend is subject to the Medicare contribution tax Use Individual tax rate schedules and Tax rates for capital gains and qualified dividends. Required: a. Compute the lays total tax on this dividend if their Form 1099 from Rexford reported that the entire $22.290 was an ordinary dividend b. Compute the Lays' total tax on this dividend if their Form 1099 from Rexford reported that $17,810 was an ordinary dividend and $4.480 was a capital gain distribution. c. Compute the Lays total tax on this dividend if their Form 1099 from Rexford reported that $7.260 was an ordinary dividend. $10,880 was a qualified dividend distribution, and $4.150 was a capital gain distribution, Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Regu Compute the Lave total tax on this dividend if their Form 1099 from Restford reported that 57.260 was an ordinary dividend, $10,880 was a qualified dividend distribution, and $4.150 was a capital gain distribution. Round your date calculations and in answers to the nearest whole dollar amounts Indometa Medicare contribution Toot Amount 108: 154 347 187005 Mr. and Mrs. Lay's taxable income is $681,600, which includes a $22.290 dividend on their investment in Rexford Mutual Fund. Mr. and Mrs. Lay's marginal rate on ordinary Income is 37 percent, and their entire Rexford dividend is subject to the Medicare contribution tax Use Individual tax rate schedules and Tax rates for capital gains and qualifiedsvidende Required: e. Compute the Lays' total tax on this dividend if their Form 1099 from Rexford reported that the entire $22.290 was an ordinary dividend. b. Compute the Lays total tax on this dividend if their Form 1099 from Rexford reported that $17.810 was an ordinary dividend and $4.480 was a capital gain distribution c. Compute the Lays total tax on this dividend if their Form 1099 from Rexford reported that $7.260 was an ordinary dividend. $10,880 was a qualified dividend distribution, and $4150 was a capital gain distribution Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required Required Compute the lays total tax on this dividend if their Form 1099 from Redford reported that 317 810 was an ordinary dividend and $4,480 was a capital gain distribution. Round your intarmediate calculation and final answers to the nearest mole dollar amount Incore Neregontibution Touala Aniount 137052 847 ST 800.00 Problem 16-02 (Algo) [LO 16-1, 16-9] Mr. and Mrs. Lay's taxable income is $681600, which includes a $22.290 dividend on their investment in Rexford Mutual Fund. Mr and Mrs. Lay's marginal rate on ordinary income is 37 percent, and their entire Rexford dividend is subject to the Medicare contribution tax Use Individual tax rate schedules and Tax rates for canital gains and qualified dividends. Required: ..Compute the lays' total tax on this dividend if their Form 1099 from Rexford reported that the entire $22.290 was an ordinary b. Compute the Laye total tax on this dividend if their Form 1099 from Rexford reported that $17.810 was an ordinary dividend and $4.480 was a capital gain distribution c. Compute the Lays total tax on this dividend if their Form 1099 from Rexford reported that $7.260 was an ordinary dividend. $10,880 was a qualified dividend distribution, and $4150 was a capital gain distribution dividend. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required Compote the Lay total tax on this dividend if their Form 1099 from Rexford reported that the entire $22.290 was an ordinary dividend. Round your intermediate calculations and final anaven to the nearest whole dollar amount porte Medicare contribution to Tot Amount 169.715 8471 100.5 Step by Step Solution
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