Qualified dividends received by a noncorporate shareholder cannot be taxed at a rate higher than 15% and can be taxed as low as 0%.

Name: Qualified dividends received by a noncorporate shareholder cannot be taxed at a rate higher than 15% and can be taxed as low as 0%.
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Question

Quizplus · Accepted Answer

This is true according to the tax laws in the United States. Noncorporate taxpayers, such as individuals, are eligible for a lower tax rate on qualified dividends, with rates ranging from 0% to 15% depending on their income level.

Qualified Dividends Received by a Noncorporate Shareholder Cannot Be Taxed