Turbotax 2019 Deluxe Federal Plus State Tax Software CD PC & Mac Old Version by Intuit, Inc. This item: Intuit Turbotax Desktop Deluxe 2020. I input 60K of QDIV for MFJ and it came up w/ 0 tax as expected. Some of these items ship sooner than the others. I think I did once put the qualified dividends on the long term cap gains line to get a better estimate.Ĭould be.I'm googling Taxcaster on a mac.maybe the left and right hands don't know what the other is doing. TurboTax offers qualifying taxpayers the chance to use its software and file for free, but only for simple tax returns and if youre claiming the standard. The iOS app has a line labeled “total dividend income”. The line is called QDIV.can't say for sure if I ever double-checked the calculation but the name was suggestive. So, if you enter a number in the dividend line, it treats them all as qualified? I just assumed it treated them all as ordinary and never used it with large enough dividends to investigate further. Go to turbotax, go to Tax Calculators under Tools & Tips, and click on TaxCaster calculator to answer the following questions a. interest/pensions/etc, the estimate will be low.

Putting the 'non-qualified' dividends as ordinary income elsewhere e.g. However it does not ask for total dividends, so unless you improvise by Anything different from 2018 to 2019?Īctually TC does have input for QDIV. So if you have qualified dividends, the TaxCaster estimate of liability could be high. And I do not think there is a place for qualified dividends.

Turbo tax caster 2020