19. Which of the following statements are true? a. Qualified dividends are part of the total ordinary dividends. b. Qualified dividends qualify for lower, long- term capital gains tax rates. c. Qualified dividends are reported on Form 1099-DIV. d. All of the above.

19. Which of the following statements are true? a. Qualified dividends are part of the total ordinary dividends. b. Qualified dividends qualify for lower, long- term capital gains tax rates. c. Qualified dividends are reported on Form 1099-DIV. d. All of the above.

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter4: Additional Income And The Qualified Business Income Deduction

Section: Chapter Questions

Problem 18MCQ

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Question

19. Which of the following statements are true?
a. Qualified dividends are part of the total
ordinary dividends.
b. Qualified dividends qualify for lower, long-
term capital gains tax rates.
c. Qualified dividends are reported on Form
1099-DIV.
d. All of the above.

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