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IL-Transplant
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Can you estimate qualified dividends to be entered in box 1b on your 1099-div using your year end brokerage tax statement?

 
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Can you estimate qualified dividends to be entered in box 1b on your 1099-div using your year end brokerage tax statement?

You may be able to ... but do not file a return until you get access to the final statement.  For estimated tax purposes you could play it extra safe and call them all ordinary  OR  you can look at the prior year % ratio. 

To qualify: 

1. The dividend must have been paid by an American company or a qualifying foreign company. 

2. The dividends are not listed with the IRS as those that do not qualify. 

3. The required dividend holding period has been met.






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Can you estimate qualified dividends to be entered in box 1b on your 1099-div using your year end brokerage tax statement?

You may be able to ... but do not file a return until you get access to the final statement.  For estimated tax purposes you could play it extra safe and call them all ordinary  OR  you can look at the prior year % ratio. 

To qualify: 

1. The dividend must have been paid by an American company or a qualifying foreign company. 

2. The dividends are not listed with the IRS as those that do not qualify. 

3. The required dividend holding period has been met.






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