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% of US government interest calculation from 1099-DIV
How can I calculate the % of US government interest on an investment dividend?
I know for example that for "fidelity GOVT MMKT" it was 55.08% in 2024.
What do I apply this % to?
I have these columns in the detailed tax report from the brokerage:
- ordinary dividends
- qualified dividends
- federal income tax withheld
- section 199A dividends
- foreign tax paid
-capital gain distributions
-foreign source income
- qualified foreign source income
thanks!
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‎February 28, 2025
6:58 AM