subject
Business, 16.03.2020 21:24 lagster11

Mr. and Mrs. Lay’s taxable income is $680,600, which includes a $22,190 dividend on their investment in Rexford Mutual Fund. Mr. and Mrs. Lay’s marginal rate on ordinary income is 37 percent, and their entire Rexford dividend is subject to the Medicare contribution tax. Use Individual tax rate schedules and Tax rates for capital gains and qualified dividends. Compute the Lays' total tax on this dividend if their Form 1099 from Rexford reported that the entire $22,190 was an ordinary dividend. Compute the Lays' total tax on this dividend if their Form 1099 from Rexford reported that $17,670 was an ordinary dividend and $4,520 was a capital gain distribution. Compute the Lays' total tax on this dividend if their Form 1099 from Rexford reported that $7,150 was an ordinary dividend, $10,780 was a qualified dividend distribution, and $4,260 was a capital gain distribution.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:00
Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.
Answers: 1
question
Business, 22.06.2019 16:40
Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.
Answers: 1
question
Business, 22.06.2019 20:30
The research of robert siegler and eric jenkins on the development of the counting-on strategy is an example of design.
Answers: 3
question
Business, 22.06.2019 22:00
Gyou are in charge of making the work schedule for the next two weeks. typically this is not a difficult task as you work at a routine 8am – 5pm company. however, over the next two weeks you are required to schedule someone to be in the office each saturday. after contemplating this for a few days you make the schedule and assignments. before posting the schedule for everyone you decide that it is a good idea to meet personally with the two people you have scheduled to work the weekend. what do you say to them? what is your desired outcome?
Answers: 3
You know the right answer?
Mr. and Mrs. Lay’s taxable income is $680,600, which includes a $22,190 dividend on their investment...
Questions
question
Mathematics, 12.11.2020 23:40
question
Mathematics, 12.11.2020 23:40
Questions on the website: 13722360