How do I calculate the amount of qualified dividends reported in box 1b that meet the 60/90 day holding period?

[AnnetteB6]

If there is a dividend amount reported in box 1b, then the payer of the dividend has already determined that the holding period has been met for the amount to receive the preferred tax treatment of a qualified dividend.  You do not need to make that determination on your own. 

To learn more, see the qualified dividends section in the following TurboTax article:  What are dividends? 

[Marww]

Is Qualified dividends reported on another form for submission?

[NCperson]

@Marww - ... the qualified dividend will be taxed a lower tax rate than the rest of the dividends.....

why are you asking? 

my experience with TT is that if you overthink it, you'll do something.  Just follow what TT literally asks for. It is smarter than you are, which is why (I hope) you bought the software in the first place  😉

[Marww]

thank you...but how does TT know how long I have held the stock for that gave me the dividends?

I received a one time dividend from a stock for $4,000.. the accountant told us to make sure we marked it as a Qualified dividend not an ordinary.. Am I overthinking it??

Thank you...

[NCperson]

you are over thinking it...... 

to keep it simple, dividends on STOCKS are always QUALIFIED and are not taxed at the ordinary income rate. 

it has nothing to do with how long you held the stock.   it is simply the fact that it is dividends from stocks. 

[VolvoGirl]

Didn't you get a 1099-Div for it?  Just enter it exactly as shown. You can be sure they prepared the 1099 right.   

[VolvoGirl]

And if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from schedule D.  The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet.  It does not get filed with your return.  In the online version you need to save your return as a pdf file and include all worksheets to see it.

[NCperson]

While the concern may be legitimate, if your 1099-DIV marks the dividends as 'qualified', they are. End of story. 

if I buy Apple on Monday, the stock goes ex-dividend on Monday night and I sell Apple on Tuesday , the dividend is still 'qualified'.  

Again, don't over think it! 

if you have to think that much, the Turbo Tax is not the right product for you and you require a CPA.