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Qualified Dividends treated as ordinary income
The qualified dividends listed on 1040 in line 3a do not seem to be getting treated as capital gains and taxed at lower rate. There is no entry showing the taxable rate for the qualified dividends is the capital gains rate. It appears that they are being taxed as ordinary income. Can anyone help me determine if I got the benefit of the lower tax rate for qualified dividends?
‎April 30, 2024
5:41 PM