Louise’s income put her in the fourth tax bracket (28%) last year. During that year, she earned $200 in dividends and $275 in coupons on a municipal bond. Five years ago, she purchased a common stock for $400. She sold the same stock last year for $514. What is the total Louise will pay in taxes on last year’s investments?
$124.10
$61.92
$47.10
$17.10

Question

Louise’s income put her in the fourth tax bracket (28%) last year. During that year, she earned $200 in dividends and $275 in coupons on a municipal bond. Five years ago, she purchased a common stock for $400. She sold the same stock last year for $514. What is the total Louise will pay in taxes on last year’s investments?
 $124.10
 $61.92
 $47.10
 $17.10

anonymous · Answer

attachment

phi · Answer

according to the table, what is the tax rate for dividends?