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chia
Returning Member

How Qualified dividends is handled?

 Where are the qualified dividends used? I have qualified dividends every year, but I don’t see the Qualified Dividends and Capital Gain Tax Worksheet in my Turbo tax file, even "yes" is checked 
on line 22 of Schedule D.   Only the ordinary dividends are used in the total income.

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2 Replies

How Qualified dividends is handled?

Qualified dividends are merely a subset of ordinary dividends. 

 

Ordinary dividends are taxed at your marginal tax rate (up to 37%) while qualified dividends are taxed at a maximum tax rate of 20%. TurboTax calculates the rate programmatically. 

zclar
Employee Tax Expert

How Qualified dividends is handled?

Hi @chia and thanks for your question!

 

Qualified dividends receive special tax treatment using the capital gains tax rates, 0%, 15%, or 20%, depending on your income tax bracket.

 

There are multiple ways to download and print your tax documents. If you are looking for your Qualified Dividends and Capital Gain Tax Worksheet, you would need to download/print the tax file that includes government worksheets.

 

If you have filed your tax return for 2022, use the following steps:

  1. When you sign onto your online account and land on the Tax Home web page
  2. Scroll down and click on Add a state. This will take you back to the 2022 online tax return.
  3. Click on Tax Tools on the left side of the online program screen.
  4. Then click on Print Center.
  5. Then click on Print, save or preview this year's return.
  6. Choose the option Include government and TurboTax worksheets.

 

If you are looking to see the prior tax returns, scroll down to the bottom of the screen and on the section Your tax returns & documents click on Show.  Click on the Year and Click on Download/print return (PDF).

 

Let us know if you need further assistance.

 

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