Question: Moving to another question will save this response. Question 21 Harrison received a qualified dividend of $12,000. He had taxable interest income of $5,000. His

 Moving to another question will save this response. Question 21 Harrison

Moving to another question will save this response. Question 21 Harrison received a qualified dividend of $12,000. He had taxable interest income of $5,000. His total taxable income is $180,000. Assuming a preferential rate of 15% applies, how would taxes? Use the tax rate schedule to calculate tax on $180,000., then subtract 1596 tax on $17,000 Calculate the tax form the rate schedule on $180,000 and then add tax of 15% on $17,000 Calculate the tax from the rate schedule of $180,000 then add tax of 15% on $12,000. Subtract $12,000 from $180,000 and calculate the tax on this number from the rate schedule. Then add 15% tax on the $12,000. A Moving to another question will save this response. MacBook Pro

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