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Volgvan
1 year ago
9

Taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on form 109

9-div generally compute the amount on tax on their income using what form?
Business
1 answer:
Rzqust [24]1 year ago
6 0

Long-term capital gains are taxed on qualified dividends. This indicates that you will get these dividends tax-free if your highest income tax bracket is 15% or lower.

<h3>What are qualified dividends and capital gain?</h3>

The term "qualified dividends" refers to dividends from shares of domestic firms and some qualifying foreign corporations that you have held for at least the aforementioned minimum holding period, or holding period, in general.

The shares must also be unhedged, meaning that no puts, calls, or short sales were connected to them during the holding period.

On Form 1099-DIV, qualified dividends are disclosed in line 1b or column 1b. It's possible that not all of the dividends listed on those lines complied with the holding period requirement. These non-qualified dividends and other regular dividends could be subject to taxation at your ordinary income tax rate, which is up to 37%.

Learn more on qualified dividend here: brainly.com/question/27456116

#SPJ1

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When using index cards to organize your information, you should have two sets: one for _____ information and one for your _____?
N76 [4]

Answer:

what you know and what you dont

Explanation:

7 0
3 years ago
Speaker City designs and manufactures high-end home theater speakers. Speaker City uses a standard overhead rate of 2.0 hours pe
olya-2409 [2.1K]

Answer:

$18,100 unfavorable

Explanation:

The computation of the total variable overhead variance is shown below:

Total variable overhead variance = Standard variable overhead cost - Actual variable overhead cost

where,

Standard variable overhead cost is

= 2 hours × 400 units × $8 per hour

= $6,400

And, the actual variable overhead cost is $24,500

So, the  total variable overhead variance is

= $6,400 - $24,500

= $18,100 unfavorable

Since the actual variable overhead cost exceeds then the standard variable overhead cost so it reflects the unfavorable variance

8 0
3 years ago
Miami Book Publishers (MBP) just reported earnings of $20 million, and it plans to retain 35 percent of its earnings. If MBP’s h
prohojiy [21]

Answer:

5.25%

Explanation:

The computation of the expected growth rate for MBP’s earnings is shown below:

Expected growth rate = Historical return on equity (ROE) × retention ratio

= 15% × 35%

= 5.25%

We simply multiplied the return on equity with the retention ratio so that the expected growth rate could come

The earnings that are mentioned in the question is not relevant. Hence, ignored it

7 0
3 years ago
An investor asks a registered representative to underline the most important facts found in a preliminary prospectus. The regist
olasank [31]

Answer: The correct answer is "a. May not do this since it violates federal securities laws".

Explanation: The registered representative: May not do this since it violates federal securities laws.

As much as the registered representative has the approval of a company director or FINRA, he cannot underline the most important facts found in a preliminary prospectus because he would go against federal securities laws.

5 0
4 years ago
The Hamilton brush company issued 2,500 shares of common stock worth 100,000.00 total. What is the par value of each share?
Anastaziya [24]
Well if total they valued at 100000 and you bought 2500 all you would have to do is divide 100000 by 2500 which is about $40 each :)
4 0
3 years ago
Read 2 more answers
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