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Question 13 Not yet answered Points out of 4.00 Harrison is a lawyer and earned $1,000,000 last year. In addition he received a qualified dividend.

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Question 13 Not yet answered Points out of 4.00 Harrison is a lawyer and earned $1,000,000 last year. In addition he received a qualified dividend. Without knowing any additional facts, which of the following statements is true regarding the rate at which the dividend will be taxed to Harrison? P Flag question Select one: a. The dividend will be taxed at a 20% tax rate plus the 3.8% Net Investment Income rate. O b. The dividend will be taxed at a 15% tax rate plus the 3.8% Net Investment Income rate. c. The entire dividend will be taxed at either 15% or the entire dividend will be taxed at 20% depending on Harrison's marginal ordinary income tax rate plus the 3.8% Net Investment Income rate. d. None of the choices are correct. Question 12 Not yet answered An employee who has two different employers during the year may be entitled to a tax credit (a refund) for overpaid Social Security taxes. Points out of 4.00 P Flag question Select one: O a. True b. False

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