eudaimoniac
Confused about dryer sheets
- Joined
- Dec 11, 2007
- Messages
- 9
I'm receiving my annual tax forms and one in particular (1099DIV) has me confused when I try to add up what little I made this year.
Can anyone tell me what the difference is between an ordinary dividend and a qualified dividend? And while we're at it the difference between a Long Term capital gain and a Short Term capital gain?
Does the one figure come out of the other figure or are they two separate figures that add together for a total?
I really don't want to be one of those TAX people anytime soon.....I just want to better understand these terms.
Thanks
Can anyone tell me what the difference is between an ordinary dividend and a qualified dividend? And while we're at it the difference between a Long Term capital gain and a Short Term capital gain?
Does the one figure come out of the other figure or are they two separate figures that add together for a total?
I really don't want to be one of those TAX people anytime soon.....I just want to better understand these terms.
Thanks