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Your new tax client, Alice, has $30,000 in dividends for the 2019 tax year. Which of the following statements are true related to these dividends?
Your new tax client, Alice, has $30,000 in dividends for the 2019 tax year. Which of the following statements are true related to these dividends?
| If the dividends are qualified, they are taxed at a maximum rate of 15 percent. |
| If the dividends are not qualified, they are taxed at ordinary income rates. |
| If the dividends are qualified, they are taxed at the same rates as long-term capital gains in the 0/15/20% category. |
| More than one of these statements is correct. |
| None of these statements is correct. |
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