sailfish
Dryer sheet aficionado
- Joined
- Jun 11, 2008
- Messages
- 49
Qualified dividends in a taxable account are taxed at 0% if total income falls under the 25% tax bracket.
Are the the qualified dividends figured into the total amount or kept separate and not included until the other income has determined the tax bracket. In other words , can the Q dividends carry you over into the 25% bracket or are they only taxed afterwards on a separate basis?
Our income in retirement is 25% Soc Sec, 50% IRA distribution, and 25% Qualified dividends from a taxable account.
Hope I made myself clear on this.
Thanks
Are the the qualified dividends figured into the total amount or kept separate and not included until the other income has determined the tax bracket. In other words , can the Q dividends carry you over into the 25% bracket or are they only taxed afterwards on a separate basis?
Our income in retirement is 25% Soc Sec, 50% IRA distribution, and 25% Qualified dividends from a taxable account.
Hope I made myself clear on this.
Thanks