2007-02-05 10:15:51 · 3 answers · asked by Gina C 1 in Business & Finance ➔ Taxes ➔ United States
the qualified dividends are included in ordinary dividends. theyre not in addition to ordinary dividends. you need to input this amount when doing your tax return. qualified dividends benefit you since they are taxed at a lower rate than the ordinary dividends.
2007-02-05 10:52:02 · answer #1 · answered by tma 6 · 0⤊ 0⤋
Ordinary dividends are treated as ordinary income. So they are added onto your total income and taxed accordingly (whatever your tax bracket it). Qualified dividends are those that are taxed at the lower rate of 15%. You should research whether the stock or mutual fund you own issues qualified or non-qualified dividends.
2007-02-05 18:23:38 · answer #2 · answered by fretzdawg 2 · 0⤊ 0⤋
Yes you pay taxes on qualified dividends, but at a lower rate.
2007-02-05 18:28:36 · answer #3 · answered by Judy 7 · 0⤊ 0⤋