I earned $100,000 in qualified dividends in 2025 on 1099. $49,680 is exempt from tax, is that correct? And can I deduct that amount along with my personal deductions

[AmyC]

1. For 2025, $48,350. 

2. The exempt dividends are income taxed at a special 0% rate. It is still part of your income and can't be deducted.

[VolvoGirl]

Even though it shows up as income on the first page,if you have capital gains or qualified dividends the tax on line 16 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.