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TurboTax appears to have included all my dividends in my taxable Income, even though 70% of them are Qualified. I estimate this to be a $250 error.I've been over taxed

Forum|Forum|6 years ago
June 17, 2019
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Best answer by stannelson

Yes

VolvoGirl

Employee

Did they show up right on line 3a as Qualified?

Even though the full amount shows up as income on the 1040 as income, if you have capital gains or qualified dividends the tax on line 11 is not taken from the tax table but is calculated separately from schedule D. The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet. It does not get filed with your return. In the online version you need to save your return as a pdf file and include all worksheets to see it.

https://ttlc.intuit.com/questions/1899683-form-1040-line-44-amount-is-less-than-standard-irs-tax-table