In 2019, JoJo has ordinary income of $400,000 and qualified dividend income of $100,000. She is...

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In 2019, JoJo has ordinary income of $400,000 and qualified dividend income of $100,000. She is single. What is the tax rate

business accounting

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Answer 1

Answer #1

tax rate is 15%

since the ordinary income is between $38600 and $ 425800 . qualified dividends are taxed at 15%

thank you...

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Answer 2

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