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QUESTION DETAIL
Related User
Votes
How do you know whether to use the Schedule D tax form or the qualified dividends and capital gains tax worksheet?
ANSWER
The BIDaWIZ Team's Answer:
See the Form 1099-Div. If the dividends are "qualified,"
they are taxed at 15%, or 0%, if you are in the 10% tax bracket.
If the dividends are "non-qualified," you report them on Schedule B,
of your Form 1040, and they are taxed at whatever your highest
marginal tax bracket is.
