On dividends distributed from an estate, the turbo tax K-1 lists the same dividend as both ordinary and qualified. Is this correct or would they be either or?
01155
1 Replies
Anonymous_
Level 15
Mar 7, 2020 7:19:17 PM
Qualified dividends are merely a subset of ordinary dividends. In other words, the amount of dividends that are "qualified" are included in the ordinary dividends figure.