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Xavier, filing single with taxable income of $ 3 8 , 3 5 0 , has a mutual fund investment account. The account earned $

Xavier, filing single with taxable income of $38,350, has a mutual fund investment account. The account earned $602 in qualified dividends for 2022. Xavier elected to reinvest these dividends. How will the dividends be taxed. A) Since Xavier reinv ested them, the divdends are not taxable for 2022. B) The dividends are taxable at his ordinary marginal rate of 12% C) The dividends are taxable for 2022, because of his taxable income they are taxed at 15% D) The dividends are taxable for 2022. Based on his income they fall in the 0% capital gain bracket

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