topic Do I have to include qualified dividends in both the box designated for "qualified dividends"and the "other income and losses" box in the estimated tax calculator in TT? in Get your taxes done using TurboTax

Do I have to include qualified dividends in both the box designated for "qualified dividends"and the "other income and losses" box in the estimated tax calculator in TT?

tbhensley — Tue, 28 Jul 2020 18:25:25 GMT

Re: Do I have to include qualified dividends in both the box designated for "qualified dividends"and the "other income and losses" box in the estimated tax calculator in TT?

Anonymous — Tue, 28 Jul 2020 19:08:41 GMT

on form 1099-div qualified dividends line 1b are included in line 1a total ordinary dividends. enter the 1099-div exactly as shown. except for foreign taxes no entries are needed anywhere else.

Re: Do I have to include qualified dividends in both the box designated for "qualified dividends"and the "other income and losses" box in the estimated tax calculator in TT?

TaxPayerAnonymous — Sun, 16 Apr 2023 00:29:13 GMT

Did you get an answer to this? The July, 2020, reply was not about the Estimated Tax form in TurboTax.

Re: Do I have to include qualified dividends in both the box designated for "qualified dividends"...

MonikaK1 — Mon, 17 Apr 2023 17:25:32 GMT

When using the W-4 and estimated taxes section of TurboTax, it asks you to estimate your Qualified Dividends in the Capital Gains and Losses section, because those dividends will be taxed at your Capital Gains rate.

In the "other income and losses" box, include dividends that are not Qualified Dividends, interest income, retirement income, and other items not listed elsewhere in the calculation.

The Learn More links next to these questions contain explanations as to what to enter in the box provided.