Question: Martin Aggerwal has a 3 0 % interest in a partnership. During the current year, the partnership realized capital gains of $ 4 2 comma
Martin Aggerwal has a interest in a partnership. During the current year, the partnership realized capital gains of
$ comma $
received
noneligible
dividends of
$ comma $
and made charitable donations of
$ comma $
Martin has made no charitable donations personally. He has no income that will be subject to the federal income tax rate. Which of the following statements is correct? Round your answers to the nearest whole dollar as needed.
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Part
A
Martin will have taxable capital gains of
$ comma $
a federal dividend tax credit of $ and a charitable donations tax credit of $
B
Martin will have taxable capital gains of
$ comma $
a federal dividend tax credit of $ and a charitable donations tax credit of $
C
Martin will have taxable capital gains of
$ comma $
a federal dividend tax credit of $ and a charitable donations tax credit of $
D
Martin will have capital gains of
$ comma $
a federal dividend tax credit of $ and a charitable donations tax credit of $
Round your answers to the nearest whole dollar as needed.
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