What is the qualified dividends and Capital Gain Tax worksheet used for?
Ava Robinson
Published Feb 10, 2026
The worksheet is for taxpayers with dividend income only or those whose only capital gains are capital gain distributions reported in box 2a or 2b of Form 1099-DIV that were received from mutual funds, other regulated investment companies, or real estate investment trusts.
What tax form is used for qualified dividends?
Form 1099-DIV
Enter any qualified dividends from box 1b on Form 1099-DIV on line 3a of Form 1040, Form 1040-SR or Form 1040-NR.
What is the tax rate for qualified dividends in 2020?
What is the dividend tax rate for the 2020 tax year?
| If your taxable income is… | The tax rate on qualified dividends is… |
|---|---|
| *Nonqualified dividends are taxed as ordinary income according to federal income tax brackets. | |
| $0 to $80,000 | 0% |
| $80,001 to $496,600 | 15% |
| $496,601 or more | 20% |
Where to find qualified dividends and capital gain worksheet?
Qualified Dividends and Capital Gain Tax Worksheet—Line 11a Keep for Your Records See the earlier instructions for line 11a to see if you can use this worksheet to figure your tax. Before completing this worksheet, complete Form 1040 through line 10.
How are qualified dividends treated on a tax return?
Treat qualified dividends (found in box 1b of your 1099-DIV) as ordinary dividends, which are subject to the zero to 15 percent tax rate that applies to capital gains. Subject qualified dividends to the 15 percent tax rate if the regular tax rate that would normally apply is 25 percent or more.
Where to find qualified dividends on 1099 Div?
Use Form 1099-DIV to determine your qualified dividend amount. Locate ordinary dividends in Box 1a, qualified dividends in Box 1b and total capital gain distributions in Box 2a.
Where do I report dividends on my taxes?
Locate ordinary dividends in Box 1a, qualified dividends in Box 1b and total capital gain distributions in Box 2a. Report your qualified dividends on line 9b of Form 1040 or 1040A.
