Qualified Dividends And Capital Gain Tax Worksheet. Once you find your worksheet, click on pop-out icon or print icon to worksheet to print or download. Short-term capital gains tax is a tax on profits from the sale of an asset held for one year or less.
Qualified dividends are taxed at the long-term capital gains tax rate, as long as you hold each stock long enough.
What is her gross tax liability using the tax rate.
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You fill that out after filling out Schedule D to figure your taxes (before deductions). That's compared to marginal income tax brackets. If you have qualified dividends, then you may have to use the Qualified Dividends and Capital Gain Tax Worksheet to figure the tax.