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Question on ordinary and qualified dividends on 1099-DIV
The 1099-DIV looks like this. My question is: Is line 1b a subset of line 1a, or are they two different things? Should I read this as I have $3413 in total dividends of which $613 are qualified, or should I read this that I have $3413 of ordinary and $613 of qualified for a total of $4026 in dividends?
The reason I ask is that when I entered line 1a TT showed me an estimated tax owed of $x, but when I put in the qualified amount it showed me an estimated tax owed of less than $x.
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March 15, 2022
10:09 AM