Data for number 1-4:

DANIEL earned royalties from book publications in the amount of50,000.

a. 5,000

b. 10,000

c. 12,500

d. 15,000

1. How much is the final tax to be withheld if DANIEL is a resident citizen?

2. How much is the final tax to be withheld if DANIEL is a non-resident alien,

not engaged in trade or business?

3. How much is the final tax to be withheld if DANIEL is a domestic

corporation?

4. How much is the final tax to be withheld if DANIEL is a non-resident foreign

corporation?

5. Mr. Rich, a resident alien, owns 40% of the shares of Rice Corporation, a

domestic corporation. Rice declared200,000 dividends in 2014. How much

final tax should be withheld from Mr. Rich's dividend income?

a.40,000

b.20,000

c.8,000

d.0