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Qualified Dividends and Capital Gains Worksheet 2014

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here in part 7 of our chapter 2 video let's talk about the next type of income that's dividend income and let's see how dividend income is reported on the 1040 form okay so we're familiar already with this 1040 and here in line number three we're going to report dividend income you notice there's two categories here qualified dividends and here off to the left right side ordinary dividends again always keep in mind what we're doing here in this right hand column is eventually what's going to be included in the gross income and taxable at the bottom this information here off to the left side is mostly for reporting purposes may be taxable but if so it will be included in this right hand column so let's um [Music] let's talk about how you receive dividend income to get dividend income you usually have to own shares of stock of a corporation a business and ownership again is held by somebody called a sharehold

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