Not exact matches
Only for capital gain and
qualified dividend income that falls
below the level of the 39.6 % bracket.
Ordinary
dividends are taxed at ordinary
income rates (unless
qualified - see
below), just like wages and most other
income, as opposed to lower, capital gains tax rates.
And for individuals whose ordinary
income tax rate is
below 25 %,
qualified dividends are completely tax - free.
A portion of these distributions may be treated as
qualified dividend income (eligible for the reduced rates to individuals as described
below) to the extent that a fund receives
qualified dividend income.
A portion of these distributions may be treated as
qualified dividend income (eligible for the reduced rates to individuals as described
below) to the extent that the fund receives
qualified dividend income.