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Level 2
August 10, 2021
Question

Tax liability line on 1040x.What does qdcgtw stand for?

refile tax figure is so low, am wondering what kind of break is there for these folks.

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2 replies

Intuit Community Champion
August 10, 2021

Qualified Dividends and Capital Gain Tax Worksheet

Just-Lisa-Now-
Intuit Community Champion
August 10, 2021

long term cap gains and qualified dividends can generate a far lower tax bill than ordinary income.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪