Question: complete part B Problem 4-25 (LO. 3) During the year, Alva received dividends on her stocks as follows. Ir an amount is zero, enter O,

Problem 4-25 (LO. 3) During the year, Alva received dividends on her stocks as follows. Ir an amount is zero, enter "O", a. Alva purchased the Grape stock three years ago, and she purchased the Amur stock two years ago. She purchased the Btaze stock 16 days before it went ex-dividend and sold it 20 days later at a $5,000 loss. Alva reported no other capital gains and losses for the year. She is in the 32% marginal tax bracket and applicable qualifying dividend rate is 15%. The amount of her tax on quablying dividends is s The amount of her tax on nonqualifying dividends is 4 The total tax on all her dividend income is 4 Crest MrWad b. Alva's daughter, Veda, who is age 25 and who is not Alva's dependent, reported taxable income of $6,000, which included $1,000 of dividends on Grape stock. Veda purchased the stock two years ago. Veda's tax Hability on the dividends is s Feodback Check My Wark
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