Ask Question
6 November, 20:24

Darlene owns stock in several different companies. When she received a dividend check from her Avatar stock, she endorsed the checks and deposited the money in her daughter's checking account. Consequently, her daughter will be assessed the tax on the dividends.

1. True

2. false:

+2
Answers (1)
  1. 6 November, 22:03
    0
    The answer is False

    Explanation:

    Darlene will be the one assessed tax on dividends, tax if charged in daughter's account will result in double taxing
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Darlene owns stock in several different companies. When she received a dividend check from her Avatar stock, she endorsed the checks and ...” 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