Caused by the tax act just passed (which I have not yet read) qualifying dividends; e.g. domestic dividends that are not REITS, get taxed at 15%; the same as LTCG's. Does anyone who has read that act know how this was technically worded & therefore how it will really be treated:1. Qualifying dividends flow through Schedule B just as usual and then there will be some tax adjustment?2. Qualifying dividend will flow through Schedule D and be treated the same as capital gains and potentially therefore people with capital loss carryforwards can offset dividends against those carryforwards? Choice 1. Schedule D, Part IV, Tax Computation Using Maximum Capital Gains Rates, will get longer as there will be line/lines added for qualifying dividends.Ira
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