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I have several accounts with capital gain dividends. Where are these listed with a reference to account? I need to check the list. I do not need a Schedule D, but I can only see the total Sum on line 7 of 1040. I want to see a list of where this sum came from.
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Capital gains taxes are calculated using an alternative method. So, if you have capital gains or qualified dividends, the taxes on those will differ from the IRS tax tables for ordinary income, like wages and salaries.
Look at Schedule B in your return, and scroll down to the Dividend Income Smart Worksheet. You will see the entries from your 1099-DIV forms for capital gains distributions.
To see how your tax was calculated, look at the Qualified Dividends and Capital Gain Tax Worksheet, included with your return.
Capital gains taxes are calculated using an alternative method. So, if you have capital gains or qualified dividends, the taxes on those will differ from the IRS tax tables for ordinary income, like wages and salaries.
Look at Schedule B in your return, and scroll down to the Dividend Income Smart Worksheet. You will see the entries from your 1099-DIV forms for capital gains distributions.
To see how your tax was calculated, look at the Qualified Dividends and Capital Gain Tax Worksheet, included with your return.
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