Personal Finance & Money Asked by SmugDoodleBug on March 13, 2021
Basically I make ~$21000 in income from work, and $1000 in dividends. So, being below $40k in income, I technically owe 0% on the qualified dividend income, but I’m not sure if I pay the IRS and get a refund for the full amount paid, or hold on to everything and just report it.
Unless you want to give the IRS an interest-free loan, hold on to everything, and file accordingly.
If your situation doesn't change significantly later in the year, you will not owe taxes, so you are fine.
Answered by Aganju on March 13, 2021
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