A qualified dividend is a type of dividend to which capital gains tax rates are applied. These tax rates are usually lower than regular income tax rates. Ordinary dividends that do not qualify for this tax preference are taxed at an individual's normal income tax rate.
The amount in box 1b, Form 1099-DIV can be the same or different than the amount in box 1a. Enter your document exactly as it appear. Use the instructions below to review or make your initial entry.