Question

for individuals in the 10% and 15% brackets in 2017, the income from qualified dividends will...

for individuals in the 10% and 15% brackets in 2017, the income from qualified dividends will be taxed at

Homework Answers

Answer #1

Income from qualified dividends will be taxed at 0% in case of 10% tax bracket.

Income from qualified dividends will be taxed at 0% in case of 15% tax bracket.

Explanation;

Followings is the tax rate for qualified dividends and non-qualified dividends in 2017 for individuals;

Tax Bracket

Qualified dividends

Non-qualified dividends

10%

0%

10%

15%

0%

15%

Thus it is clear that qualified dividends have 0% tax rate under tax bracket of 10% and 15%.

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