Hayden purchased 5,000 shares of stock for $20,000 in March XX03. In August XX05, Hayden received a cash dividend of $30,000. Hayden's share of the corporation's earnings and profits for the year ending XX05 was $5,000. Calculate how much of the $30,000 dividend is treated as capital gain.

Answer rating: 100% (QA)

To determine the amount of the 30000 dividend treated as a capital gain we need to calculate the ret... View the full answer