for individuals in the 10% and 15% brackets in 2017, the income from qualified dividends will be taxed at
Income from qualified dividends will be taxed at 0% in case of 10% tax bracket.
Income from qualified dividends will be taxed at 0% in case of 15% tax bracket.
Explanation;
Followings is the tax rate for qualified dividends and non-qualified dividends in 2017 for individuals;
Tax Bracket |
Qualified dividends |
Non-qualified dividends |
10% |
0% |
10% |
15% |
0% |
15% |
Thus it is clear that qualified dividends have 0% tax rate under tax bracket of 10% and 15%.
Get Answers For Free
Most questions answered within 1 hours.