When an individual's marginal ordinary income tax rate is 25% or more and less than 39.60%,the tax rate on qualified dividends is:

Name: When an individual's marginal ordinary income tax rate is 25% or more and less than 39.60%,the tax rate on qualified dividends is:
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Question

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According to the current tax law, qualified dividends are taxed at a maximum rate of 15% for individuals in the 25% or higher tax bracket but less than the highest tax bracket of 39.60%. Therefore, the correct choice is A.

When an Individual's Marginal Ordinary Income Tax Rate Is 25