Question: Daze received a qualified dividend. Without knowing any additional facts, which of the following statements is true regarding the rate at which the dividend will
Daze received a qualified dividend. Without knowing any additional facts, which of the following statements is true regarding the rate at which the dividend will be taxed to Harrison?
A. The dividend will be taxed at a 15% tax rate.
B. The dividend will be taxed at a 20% tax rate
.C. The entire dividend will be taxed at either 15% or the entire dividend will be taxed at20% depending on Harrison's marginal ordinary income tax rate.
D. None of these.
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