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Personal Finance (Not Investing) • Tax planning/dividend question

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Hello,
I’ve been using the IRS 2024 tax withholding estimator and the result is confusing.

The total pre-tax income I get includes our salaries + our bonuses + OUR ORDINARY DIVIDENDS + OUR QUALIFIED DIVIDENDS. Summing ordinary dividends and qualified dividends results in a higher pre-tax income than the money expected to come in. Aren’t qualified dividends included in ordinary dividends?

Am I missing something?
Thanks in advance for you inputs.

Statistics: Posted by Streptococcus — Mon Jun 10, 2024 3:45 pm — Replies 4 — Views 285



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