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Sophia has the following sources of income for 2020: Salary Income Interest Income $85,200 $1,200 Business Income $10,000 Dividend Income (qualified) $1,600 Dividend Income (not
Sophia has the following sources of income for 2020: Salary Income Interest Income $85,200 $1,200 Business Income $10,000 Dividend Income (qualified) $1,600 Dividend Income (not qualified) $800 Long-Term Capital Gain Income $2,400 Short-Term Capital Gain Income $600 How much of this income will be taxed at a preferential (lower) tax rate? O $4,600 O $4,000 $4,800 $3,200 $5.400
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