BrittanyS stated the qualifications for foreign qualified dividends in the thread above. For specific guidance on a dividend from your investments, it is best to reach out to your financial advisor to determine whether or not they are qualified if you are unsure from the instructions posted.
Qualified dividends are taxable at favorable tax rates in comparison to ordinary dividends, which are tax at your ordinary income rate. All dividends are ordinary, but not all dividends are qualified. You will see the total of your dividends reported on line 3a of the Form 1040. Those that are taxed at qualified dividend rates will be separated out on line 3b.
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