Josh has $2,000 of dividend income and $3,000 of capital gains in her equity investment...
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Accounting
Josh has $2,000 of dividend income and $3,000 of capital gains in her equity investment in 2020. Her marginal tax rate is 40% and the effective tax rate is 30% for the same year. Calculate the amount of tax she'll pay on her dividend income and capital gains combined from her equity investment. Assume that she is not elligible for dividend tax credit.
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