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Ang120
New Member

I have ordinary dividends which are all qualified. When I enter them in the proper places, TT taxes the qualified dividends. What am I doing wrong?

 
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1 Reply
IreneS
Intuit Alumni

I have ordinary dividends which are all qualified. When I enter them in the proper places, TT taxes the qualified dividends. What am I doing wrong?

You're not doing anything wrong.  Qualified dividends are taxed -- just at a different rate than ordinary dividends.

A qualified dividend is a dividend that falls under capital gains tax rates, which are lower than the income tax rates on unqualified, or ordinary, dividends.


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