Question
Ruth and Steve received a 1099 Div for 2019. Their taxable income from wages was $86,500. Their 1099 Div revealed Box Ordinary Dividends as $1000,
Ruth and Steve received a 1099 Div for 2019. Their taxable income from wages was $86,500. Their 1099 Div revealed Box Ordinary Dividends as $1000, and
qualified dividends as $1000 in Box 2. How much tax will they pay on dividend income?.
A $150
B $ 200
C $220
D $300
Thank you.
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Auditing Cases An Interactive Learning Approach
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
7th Edition
0134421825, 9780134421827
