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Taxes
3 Months Ended
Mar. 31, 2020
Income Tax Disclosure [Abstract]  
Taxes Taxes
For the three months ended March 31, 2020 and 2019, we recognized a benefit for income taxes of $22 million and a provision from income taxes of $1 million, respectively. The following is a reconciliation of the statutory federal and state tax rates to our effective tax rate at March 31, 2020 and 2019.
Table 23.1 – Reconciliation of Statutory Tax Rate to Effective Tax Rate
 
 
March 31, 2020
 
March 31, 2019
Federal statutory rate
 
21.0
 %
 
21.0
 %
State statutory rate, net of Federal tax effect
 
8.6
 %
 
8.6
 %
Differences in taxable (loss) income from GAAP income
 
(25.9
)%
 
(8.5
)%
Change in valuation allowance
 
(2.5
)%
 
(4.1
)%
Dividends paid deduction
 
1.1
 %
 
(15.4
)%
Effective Tax Rate
 
2.3
 %
 
1.6
 %

We assessed our tax positions for all open tax years (i.e., Federal, 2016 to 2020, and State, 2015 to 2020) at March 31, 2020 and December 31, 2019, and concluded that we had no uncertain tax positions that resulted in material unrecognized tax benefits.