Question: Ziggy received a qualified dividend. Without knowing any additional facts, which of the following statements is true regarding the rate at which the dividend will

Ziggy 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 Ziggy?

The dividend will be taxed at a

15

percent tax rate.

The dividend will be taxed at a

20

percent tax rate.

The entire dividend will be taxed at

15

percent or the entire dividend will be taxed at

20

percent, depending on Ziggy's marginal ordinary income tax rate.

None of the choices are correct.

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