Question: Choose the response that correctly describes qualified dividends. a. Additional dividends paid to investors from the accumulated earnings of a company. b. Distributions of cash

Choose the response that correctly describes qualified dividends.

a. Additional dividends paid to investors from the accumulated earnings of a company.

b. Distributions of cash that are automatically used to purchase additional shares of stock..

c. Distributions paid from the earnings and profits of a company and classified as ordinary income.

d. The portion of ordinary dividends subject to the same tax rates that apply to long-term capital gains.

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