81 - If an individuals marginal ordinary income tax rate is...

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What is a dividend? Answer: A dividend is a distribution of property by a corporation to its shareholders. The dividend must be paid from the earnings and profits of the enterprise. 8. How are dividends taxed? Answer: Dividends are taxed at rates of either 15% or 5%.
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Unformatted text preview: If an individuals marginal ordinary income tax rate is 25% or more, qualified dividends are taxed at a rate of 15%. If the individuals marginal ordinary income tax rate is less than 25%, qualified dividends are taxed at a rate of 5%....
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This note was uploaded on 09/16/2011 for the course ACCT 145 taught by Professor Eric during the Spring '11 term at Palm Beach Community College.

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