:orporations are taxed on the income they earn, and shareholders are taxed on the dividends they receive. What provisions in the tax law reduce this double tax " burden? (Assume the year is 2021.) A. Lower tax rates apply to qualified dividends received by individuals. There is no tax on qualified dividends received by single taxpayers with taxable income of less than $9,950 in 2021 . Dividends received by single taxpayers with taxable income greater than $9,950 and less than or equal to $40,525 are taxed at 15%. Dividends received by single taxpayers with taxable income over $40,525 are taxed at 20%. In addition, eligible corporations can elect to be treated much like partnerships. The income of these so-called "S corporations" is reported by shareholders, and is not taxed to the corporation. In addition, corporations receiving dividends from other corporations are eligible to claim a dividend-received deduction that varies between 50% and 100% of the dividends received depending on the percentage of stock owned. B. Lower tax rates apply to qualified dividends received by individuals. There is no tax on dividends received by individuals in the 10% through brackets. Dividends received by individuals in the 37% tax bracket are taxed at 15%. In addition, eligible corporations can elect to be treated much like partnerships. The income of these so-called "S corporations" is reported by shareholders, and is not taxed to the corporation. In addition, corporations receiving dividends from other corporations are eligible to claim a dividend-received deduction that varies 100% of the dividends received depending on the percentage of stock owned. C. Lower tax rates apply to qualified dividends received by individuals. There is no tax on qualified dividends received by single taxpayers with taxable income of less than $40,400 in 2021 . Dividends received by single taxpayers with taxable income greater than $40,400 and less than or equal to $445,850 are taxed at 15%. Dividends received by single taxpayers with taxable income over $445,850 are taxed at 20%. In addition, eligible taxed to the corporation. In addition, corporations receiving dividends from other corporations are eligible to claim a dividend-received deduction that varies between 50% and 100% of the dividends received depending on the percentage of stock owned. D. There are no provisions in the tax law to reduce the "double tax" burden. Shareholders are taxed as ordinary income and the corporation does not receive a tax deduction for the payments. :orporations are taxed on the income they earn, and shareholders are taxed on the dividends they receive. What provisions in the tax law reduce this double tax " burden? (Assume the year is 2021.) A. Lower tax rates apply to qualified dividends received by individuals. There is no tax on qualified dividends received by single taxpayers with taxable income of less than $9,950 in 2021 . Dividends received by single taxpayers with taxable income greater than $9,950 and less than or equal to $40,525 are taxed at 15%. Dividends received by single taxpayers with taxable income over $40,525 are taxed at 20%. In addition, eligible corporations can elect to be treated much like partnerships. The income of these so-called "S corporations" is reported by shareholders, and is not taxed to the corporation. In addition, corporations receiving dividends from other corporations are eligible to claim a dividend-received deduction that varies between 50% and 100% of the dividends received depending on the percentage of stock owned. B. Lower tax rates apply to qualified dividends received by individuals. There is no tax on dividends received by individuals in the 10% through brackets. Dividends received by individuals in the 37% tax bracket are taxed at 15%. In addition, eligible corporations can elect to be treated much like partnerships. The income of these so-called "S corporations" is reported by shareholders, and is not taxed to the corporation. In addition, corporations receiving dividends from other corporations are eligible to claim a dividend-received deduction that varies 100% of the dividends received depending on the percentage of stock owned. C. Lower tax rates apply to qualified dividends received by individuals. There is no tax on qualified dividends received by single taxpayers with taxable income of less than $40,400 in 2021 . Dividends received by single taxpayers with taxable income greater than $40,400 and less than or equal to $445,850 are taxed at 15%. Dividends received by single taxpayers with taxable income over $445,850 are taxed at 20%. In addition, eligible taxed to the corporation. In addition, corporations receiving dividends from other corporations are eligible to claim a dividend-received deduction that varies between 50% and 100% of the dividends received depending on the percentage of stock owned. D. There are no provisions in the tax law to reduce the "double tax" burden. Shareholders are taxed as ordinary income and the corporation does not receive a tax deduction for the payments