Business, 11.12.2019 02:31 khambay

Ernest, an individual, receives $100 from vernon corp. in dividends and is in the 28% tax bracket. vernon corp. already paid corporate taxes on the $100 at a 20% tax rate. how much in personal taxes will ernest need to pay?
$28
$20
$0
$8

Answers: 1

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Ernest, an individual, receives $100 from vernon corp. in dividends and is in the 28% tax bracket. v...

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