@ladyswg wrote:
I hope it is what you said in my 1040. The total of Capital gain is calculated at 15%. but the Dividends were used with the total of ordinary rate.
I don't know where you're seeing that, and that's the drawback of a public forum like this. No one in the forum can see your return, so I can't comment specifically, but only in general. As mentioned previously, I'm a fellow user--not a tax expert. I've tried to bring one back into the conversation, but so far it hasn't worked. It's difficult to understand each other on a bulletin board forum like this. I'm not sure I'm understanding your concern and what you are experiencing, or even if we are talking about the same thing. I'll tell you below how you can phone TurboTax Support. It might be easier if you speak to someone in real time for a back and forth.
But in general, this is my understanding of how it works. If I understand your original question correctly (at the top of this thread), you are wondering why your 1040, Line 15 (taxable income) used the Line 3b (ordinary dividends) amount instead of Line 3a (qualified dividends). That's what Line 15 is supposed to do. Look at the instructions printed on the Form 1040 for Line 9 (total income), which says to use the Line 3b amount when adding up the right column of the Form 1040. Even though the qualified dividends are displayed on the Form 1040, Page 1, they are not used there; i.e., they are not taken into account on Page 1 of the Form 1040. The qualified dividends are not considered until the QDCGT Worksheet. It is on that QDCGT worksheet where the qualified dividends are taken into account and given preferential tax treatment if they qualify there.
That's my understanding of how it works in general. I can't address specifically what you are experiencing, if it differs from that.
Here's how you can phone TurboTax Support. It might be easier and more efficient to discuss your concern with them in a realtime conversation.
Support hours are 5AM-9PM Pacific, every day this time of year.
FAQ: What is the TurboTax phone number?
https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632
@ThomasM125
