Qualified Dividends And Capital Gain Tax Worksheet 2024 Olympics. Figuring out the tax on your qualified dividends can be difficult for even the most experienced accountant. All 25k is taxed at 0%.
In situations where the qualified dividends and/or capital gains are taxed in multiple tax brackets, the program calculates the adjustment for form 1116, foreign tax credit, line. Look at the qualified dividend and capital gain worksheet, (specifically line 2), which is where the tax on qd and cg is computed separately from ordinary income.