Ask Question
13 March, 05:42

Qualified dividends may be subject to a marginal tax rate of 23.8 percent (20 percent for the capital gain and 3.8 percent tax on net investment income) for taxpayers with income over a certain threshold.

True or False

Although corporate income is subject to double tax, in some circumstances, the overall tax rate for corporate income is lower than the tax rate for flow-through income.

True or False

The corporate tax rate is slightly higher than the top individual marginal tax rate.

True or False

Losses from which of the following entities are carried forward at the entity level?

Multiple Choice

1. S Corporation

2. LLC

3. Sole proprietorship

4. C corporation

+1
Answers (1)
  1. 13 March, 08:24
    0
    Answer: True, True, False, C Corp

    Explanation:

    Qualified dividends may be subject to a marginal tax rate of 23.8 percent (20 percent for the capital gain and 3.8 percent tax on net investment income) for taxpayers with income over a certain threshold.

    True

    Although corporate income is subject to double tax, in some circumstances, the overall tax rate for corporate income is lower than the tax rate for flow-through income.

    True

    The corporate tax rate is slightly higher than the top individual marginal tax rate.

    False

    Losses from which of the following entities are carried forward at the entity level?

    C corporation
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Qualified dividends may be subject to a marginal tax rate of 23.8 percent (20 percent for the capital gain and 3.8 percent tax on net ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers