[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-1008":3},{"rec_id":4,"title":5,"text":6},"1008","What are qualified dividends?","Qualified dividends are dividends that are eligible to be taxed at a lower tax rate. Enter the full amount of your dividends in \u003Ci>Box 1a\u003C/i> as \u003Ci>Ordinary Dividends\u003C/i>. Then enter the amount of qualified dividends in \u003Ci>Box 1b\u003C/i>. Qualified dividends are only a designation for determining how to tax the amount of ordinary dividends in \u003Ci>Box 1a\u003C/i>. \n\u003Cbr>\u003Cbr>\nFor example, if you enter $1,000 in \u003Ci>Box 1a\u003C/i> as ordinary dividends, and you enter $600 in \u003Ci>Box 1b\u003C/i> as qualified dividends, you're reporting $1000 of income on your tax return. However, the $600 of qualified dividends are taxed at a lower rate, while the $400 of ordinary dividends are taxed at your regular rate.",1777391532373]