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New Member
posted Mar 7, 2020 7:00:31 PM

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?

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1 Replies
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.