Geraldine works for a corporation with a dividend reinvestment plan. In lieu of dividends, ...
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Accounting
Geraldine works for a corporation with a dividend reinvestment plan. In lieu of dividends, Geraldine, who currently owns shares of stock, bought additional shares of stock at $ a share and paid a service charge of $ The FMV of the stock was $ The service charge was deducted from the dividends prior to the purchase of the stock. What must she report on her tax return as dividend income? A $ B $ C $ D $
Geraldine works for a corporation with a
dividend reinvestment plan. In lieu of dividends,
Geraldine, who currently owns shares of
stock, bought additional shares of stock at
$ a share and paid a service charge of $
The FMV of the stock was $ The service
charge was deducted from the dividends prior
to the purchase of the stock. What must she
report on her tax return as dividend income?
A $
B $
C $
D $
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