Re: 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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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?
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?
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.