Tax

Qualified Dividend: Definition

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Simple Definition

A dividend that meets IRS requirements for a lower tax rate — taxed at capital gains rates (0-20%) instead of ordinary income rates.

Why It Matters

The difference between qualified and ordinary dividends can be huge at tax time. Qualified dividends are taxed at 0%, 15%, or 20% depending on your income bracket. Ordinary (non-qualified) dividends are taxed at your regular income rate — up to 37%. Most dividends from major U.S. companies are qualified, but REITs and short-term holdings usually pay ordinary dividends.

Key Points

  • To qualify: stock must be held for at least 61 days during the 121-day period around the ex-dividend date
  • Most U.S. company dividends are qualified; REIT dividends and money market dividends usually are not
  • In tax-advantaged accounts (IRA, 401k), the qualified vs. ordinary distinction doesn't matter

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Foundation Lesson

What Is a Dividend?

Get a complete explanation with examples, key takeaways, and a quiz to test your knowledge.

Related Terms

Common Questions

A dividend that meets IRS requirements for a lower tax rate — taxed at capital gains rates (0-20%) instead of ordinary income rates. The difference between qualified and ordinary dividends can be huge at tax time. Qualified dividends are taxed at 0%, 15%, or 20% depending on your income bracket.

The difference between qualified and ordinary dividends can be huge at tax time. Qualified dividends are taxed at 0%, 15%, or 20% depending on your income bracket. Ordinary (non-qualified) dividends are taxed at your regular income rate — up to 37%. Most dividends from major U.S. companies are qualified, but REITs and short-term holdings usually pay ordinary dividends.

To qualify: stock must be held for at least 61 days during the 121-day period around the ex-dividend date

Most U.S. company dividends are qualified; REIT dividends and money market dividends usually are not

In tax-advantaged accounts (IRA, 401k), the qualified vs. ordinary distinction doesn't matter