Ads
related to: qualified dividend income tax rates federalturbotax.intuit.com has been visited by 1M+ users in the past month
discoverrocket.com has been visited by 10K+ users in the past month
assistantmagic.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
Qualified dividends are taxed at a different rate than your regular, earned income or income from interest payments. In and of themselves, regular dividends and qualified dividends are similar.
From 2003 to 2007, qualified dividends were taxed at 15% or 5% depending on the individual's ordinary income tax bracket, and from 2008 to 2012, the tax rate on qualified dividends was reduced to 0% for taxpayers in the 10% and 15% ordinary income tax brackets, and starting in 2013 the rates on qualified dividends are 0%, 15% and 20%. The 20% ...
The Capital Gains and Qualified Dividends Worksheet in the Form 1040 instructions specifies a calculation that treats both long-term capital gains and qualified dividends as though they were the last income received, then applies the preferential tax rate as shown in the above table. [5]
Lower-income recipients of qualified dividends may owe no federal tax at all. ... That top rate only applies to high-income filers whose marginal tax rate is the maximum 37%. Filers whose marginal ...
If you receive qualified dividend income, the capital gains tax rate is 20 percent, 15 percent or 0 percent depending on your income. It is often more profitable to receive qualified dividends ...
However, capital gains taxes remain at the regular income tax rate for property held less than one year. Certain categories, such as collectibles, remained taxed at existing rates, with a 28% cap. In addition, taxes on " qualified dividends " were reduced to the capital gains levels.
Ads
related to: qualified dividend income tax rates federalturbotax.intuit.com has been visited by 1M+ users in the past month
discoverrocket.com has been visited by 10K+ users in the past month
assistantmagic.com has been visited by 100K+ users in the past month