In follow up with this question. When I enter my wife's foreign dividend (Canada) under investment, should I put it under "ordinary dividend" or "qualified dividends". Canada dividends are split into "eligible" and "non-eligible" and are taxed differently than US ordinary/qualified dividend. It obviously would benefit me if I put them under qualified dividends as it is taxed at a lower rate than ordinary dividend. Should I just put them all as under qualified dividends?
The question also extends to stocks, in terms of long term vs short term gains. Canada doesn't differentiate long vs short term like the US do.
