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Subject:  Re: Dividend Taxes Date:  3/3/2013  8:38 PM
Author:  TMFPMarti Number:  117954 of 127513

Our our taxable brokerage accounts would generate about $100k in dividends. We wouldn't have any other income. My head is spinning about qualified dividends, as I understand it, its similar to long term capital gains, long held stock dividend taxed at lower rate? If all was qualified dividends and we had no ordinary income, could our tax rate really be zero?

Not quite. Using 2012 numbers for standard deduction, personal exemptions and brackets your tax would be $1,470.

Taxable income: $80,500

Top of 15% bracket: $70,700

Your tax would be 15% of the $9,800 excess over the top of the 15% bracket.

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