DianeW777
Expert Alumni

Get your taxes done using TurboTax

Yes.  If you have capital gain income (qualified dividends or sales on Schedule D) then you should see either the Qualified Dividends and Capital Gains Tax Worksheet (page 36) or the Schedule D Tax Worksheet in your file to show the tax liability calculation. It will not match the tax tables in this situation because the tax is calculated at a lower amount when capital gains are part of the tax return.

 

The links will provide the actual worksheets from the IRS and you will have one of these worksheets in your tax file.

 

@Morrisecat

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