![]() Ordinary dividend income refers to income that doesn’t meet the qualified dividend income criteria above.Qualified dividend income is taxed the same rate as long-term capital gains, so it will also follow the rates shown in the table below. For a dividend to be a qualified dividend, you must have held the asset for more than 60 days during the 121-day period starting 60 days before the ex-dividend date. Qualified dividend income refers to income held for a certain period.These gains are taxed just the same as ordinary income, so you can refer to the federal income tax rates above. Short-term capital gains refer to assets sold for a profit that were held for one year or less.Use the table lower in this section to determine your rate. The specific rates depend on your taxable income, but it’s not the same as the percentages listed above. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |