Marietta will use the single filing status for 2019. She owns shares of stock, and...
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Marietta will use the single filing status for 2019. She owns shares of stock, and during the year, she received dividends from this investment. She received a 2019 Form 1099-DIV from the company reporting a distribution of $1,000 in total ordinary dividends, shown in box 1, and qualified dividends of $1,000, shown in box 2. Marietta's only other income was from wages. Her taxable income for the year was $36,500. How much tax will she owe on the dividend income?
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$120
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$400
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