I am using Turbo Tax Premier for this tax return. I received dividends from my employer and they reported it as qualified dividends. I plugged the amount under Wages & Income/ Interest & Dividends/Dividend on 1099 under Box1b - Qualified dividends, it lowered my taxes by at least $500 when I had to pay taxes on the dividends I earned. In other words, I see a drop in taxes I owe instead of me paying additional tax on the qualified dividend I earned. Is this scenario possible or is this a software glitch?
Thanks
Terefe
