I have a taxable account with the ITOT ETF fund that I've held for a year and it has paid out quarterly dividends this year. When looking at the tax estimates today at Fidelity it's showing the dividends as non-qualified e.g. ordinary dividends instead of qualified.
Does this sound correct does ITOT only pay out non-qualified ordinary dividends?
Does this sound correct does ITOT only pay out non-qualified ordinary dividends?