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Paulina Morales, a single taxpayer, had wage income of $68,950 in 2019. Her only other income was ordinary dividend income reported to her on Form 1099-DIV. She is required to file Schedule B, Interest and Ordinary Dividends, if her dividend income exceeds a threshold amount of: $350   $1,200   $1,500   $2,500

Paulina Morales, a single taxpayer, had wage income of $68,950 in 2019. Her only other income was ordinary dividend income reported to her on Form 1099-DIV. She is required to file Schedule B, Interest and Ordinary Dividends, if her dividend income exceeds a threshold amount of: $350   $1,200   $1,500   $2,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Paulina Morales, a single taxpayer, had wage income of $68,950 in 2019. Her only other income was ordinary dividend income reported to her on Form 1099-DIV. She is required to file Schedule B, Interest and Ordinary Dividends, if her dividend income exceeds a threshold amount of:

$350

 

$1,200

 

$1,500

 

$2,500

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