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Qualified dividends

Owning a C corp as a service professional, I can take money as salary (as long as reasonable) or as dividends. Would the money I take as dividends be considered qualified?

 

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Qualified dividends

Generally, provided your corporation is a U.S. corporation, or qualified foreign corporation, you meet the holding period requirement, and satisfy other criteria, the dividends will be considered qualified dividends.

 

See https://www.irs.gov/publications/p550#en_US_2020_publink100010075

Qualified dividends

If you work for the company you should be taking a wage which is a deduction on the corp return reducing the taxes it pays.  Dividend paid out are NOT a deduction on the corp return so not only does the corp pay taxes on them at the corp rate the individual does as well ... yep a double taxation.   So you may need to do some research on this situation and/or get local professional guidance/education. 

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