ladyswg
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I am very sorry to confuse you and thank you for your detail explanation. Nevertheless, since you are the expert in TurboTax software, would you please direct m...
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I hope it is what you said in my 1040. The total of Capital gain is calculated at 15%. but the Dividends were used with the total of ordinary rate.
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Thank you so much for your explanation. My MFJ taxable income is far less than the$94,051 - $583,750, but TurboTax uses ordinary dividends as the total taxable ...
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Thank you for your reply.I checked the TurboTax worksheet as you indicated in the Form section for Dividend and Capital gain . However, it didn't show why the q...
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Then, what amount should be used since the ordinary dividend amounts are different than the qualified dividend amounts.
Activity Feed for ladyswg
- Posted I have a s corporation in the state where I am not resident. This year we have business loss, We filed 1120s . Do we need to file that state individual income tax return? on Deductions & credits. April 12, 2025 9:04 AM
- Posted Re: TurboTax uses my ordinary dividends to calculate my taxable income instead the correct qualif... on Get your taxes done using TurboTax. April 12, 2025 8:44 AM
- Posted Re: TurboTax uses my ordinary dividends to calculate my taxable income instead the correct qualif... on Get your taxes done using TurboTax. April 11, 2025 6:58 AM
- Posted Re: TurboTax uses my ordinary dividends to calculate my taxable income instead the correct qualified dividends. ( It uses 3b-ordinary instead of 3a-qualified on Get your taxes done using TurboTax. April 10, 2025 5:27 PM
- Posted Re: TurboTax uses my ordinary dividends to calculate my taxable income instead the correct qualified dividends. ( It uses 3b-ordinary instead of 3a-qualified on Get your taxes done using TurboTax. April 10, 2025 1:47 PM
- Posted Re: TurboTax uses my ordinary dividends to calculate my taxable income instead the correct qualified dividends. ( It uses 3b-ordinary instead of 3a-qualified on Get your taxes done using TurboTax. April 7, 2025 5:35 PM
- Posted Re: Where should I report foreign tax fees/expenses in Turbotax when I clam foreign tax credit? on Get your taxes done using TurboTax. April 7, 2025 5:30 PM
- Posted Where should I report foreign tax fees/expenses in Turbotax when I clam foreign tax credit? on Get your taxes done using TurboTax. April 7, 2025 11:34 AM
- Posted TurboTax uses my ordinary dividends to calculate my taxable income instead the correct qualified dividends. ( It uses 3b-ordinary instead of 3a-qualified on Get your taxes done using TurboTax. April 7, 2025 11:33 AM
- Posted What is the difference between business code 54611 verse 54600? on Get your taxes done using TurboTax. June 1, 2019 2:25 PM