Question
Form 1041 Qualified Dividends Tax
Hello,
My question is around the use of the Qualified Dividends Tax Worksheet used to complete Schedule G, Part 1, Line 1a for the Form 1041.
For an estate, unclear how the qualified dividends are being handled. For simplicity, lets say I have $3,000 of dividends of which $2,800 are qualified, no other income, capital gains, etc. I would have expected the $2,800 not to be taxed and the $200 to be tax using 2023 tax rate schedule provided in the instruction for form 1041. But it appears tax $2,600 is taxed at 0%, $200 is taxed at 15% and $200 is taxed at the 2023 tax rate schedule provide in the instructions
Thanks in advance,
Dave
