Question: To answer this question, open your completed return in What If mode in BlockWorks and change the amount of qualified dividends to zero. Leave the
To answer this question, open your completed return in "What If" mode in BlockWorks and change the amount of qualified dividends to zero. Leave the ordinary dividends as they were. How much does this increase or decrease the amount of Todd's federal income tax?
Todd's federal income tax will decrease by more than $50, but less than $100.
Todd's federal income tax will decrease by more than $1, but less than $50
Todd's federal income tax will increase by more than $1, but less than $50
Todd's federal income tax will increase by more than $50, but less than $100
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