In the Tax planner for 2011, all dividends are lumped together and treated as non qualified dividends taxed at ordinary income rates. Does Q2012 do the same thing or does it allow you enter separate estimates for Qualified Dividends (lower tax rate) and non Qualified dividends (ordinary tax rate)?
Same as 2011, and still pretty crappy and fickle, IMO. I never rely on it; I use the tax summary and tax schedule reports and previous year's return.
Thanks for letting me know. I'll just continue using Turbotax 2010 and plug in 2011 estimates to get an idea of how much I owe.
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