So if you have million dollars portfolio in dividend stocks & you are in lowest tax bracket you don't need to pay tax on qualified dividends?
@TheTaxGeek
Жыл бұрын
Theoretically, yes.
@Sharpshooter649
10 ай бұрын
Can a special divided Be qualified?
@TheTaxGeek
10 ай бұрын
Yes, it can be.It depends on how long you've held the stock.
@Sharpshooter649
10 ай бұрын
@@TheTaxGeek Awesome! I’m going to buy Costco and hold it for 60 days so I the special $15.00 dividend becomes QUALIFIED ! 🚀🚀🚀
@Sharpshooter649
8 ай бұрын
The holding period requirement to make a qualified dividend is unnecessary: the Form 1099 given to you by your brokerage at will classify all your dividends as Qualfied at the end of the year, whether you held for 61+days or not
@TheTaxGeek
8 ай бұрын
No, they won't. I've seen hundreds of brokerage statements and 1099-DIVs where the ordinary dividends and the qualified dividends do not match.
@bambi06292003
7 ай бұрын
What happened if thethe qualified and ordinary dividends do not match
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