0%

15%

20%

25%

15%

20%

25%

35%

A credit that reduces the amount of tax you owe on dividends

A credit that increases the amount of tax you owe on dividends

A credit that allows you to deduct the amount of dividends you receive from your income

A credit that allows you to add the amount of dividends you receive to your income

All taxpayers

Only taxpayers who receive qualified dividends

Only taxpayers who receive nonqualified dividends

Only taxpayers who have a certain amount of income

15%

20%

25%

35%

You can claim the dividend tax credit on your tax return

You can claim the dividend tax credit on your W-2 form

You can claim the dividend tax credit on your 1099-DIV form

You can claim the dividend tax credit on your Schedule C form

Qualified dividends are taxed at a lower rate than nonqualified dividends

Nonqualified dividends are taxed at a lower rate than qualified dividends

Qualified dividends are taxed at the same rate as nonqualified dividends

There is no difference between qualified dividends and nonqualified dividends

The dividend must be paid by a U.S. corporation

The dividend must be paid by a foreign corporation

The dividend must be paid from earnings and profits

The dividend must be paid from capital gains

Stock dividends are not taxable

Stock dividends are taxable as ordinary income

Stock dividends are taxable as capital gains

Stock dividends are taxable as dividends

Cash dividends are paid in cash, while stock dividends are paid in stock

Cash dividends are paid in stock, while stock dividends are paid in cash

Cash dividends are taxable, while stock dividends are not taxable

Stock dividends are taxable, while cash dividends are not taxable

Dividends from foreign corporations are taxed at the same rate as dividends from U.S. corporations

Dividends from foreign corporations are taxed at a lower rate than dividends from U.S. corporations

Dividends from foreign corporations are taxed at a higher rate than dividends from U.S. corporations

Dividends from foreign corporations are not taxable

A credit that reduces the amount of tax you owe on foreign income

A credit that increases the amount of tax you owe on foreign income

A credit that allows you to deduct the amount of foreign income you receive from your income

A credit that allows you to add the amount of foreign income you receive to your income

All taxpayers

Only taxpayers who receive foreign income

Only taxpayers who have a certain amount of foreign income

Only taxpayers who live in a foreign country

15%

20%

25%

35%

You can claim the foreign tax credit on your tax return

You can claim the foreign tax credit on your W-2 form

You can claim the foreign tax credit on your 1099-DIV form

You can claim the foreign tax credit on your Schedule C form