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Deductions & credits
It makes sense since box 1 reports your total dividends and the other boxes report special properties of those dividends. However, some of the dividends might not contain any special properties, so they would not be separately reported on the form.
For instance, you may have received dividends of $500 of which $250 are qualified. So, you would see $500 in box 1(a) and $250 in box 1(b) but no additional entries.
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‎April 7, 2022
3:22 PM
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