How much federal tax on the received dividend

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Question - AAA Company owns 15% of BBB company's shares. AAA Company receives $1,200 of dividend from BBB Company in 2020. How much federal tax on the received dividend would AAA Company owe to the IRS?

a. $6,000

b. $4,320

c. $1,764

d. $1,260

Reference no: EM132855714

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