Don’t Include Negative Qualified Dividends on Form 8995, Line 12 or Form 8995-A, Line 34

 

Notice: Historical Content


This is an archival or historical document and may not reflect current law, policies or procedures.

Your qualified dividends can't be less than zero (for example, qualified dividends from line 3a of your 2020 Form 1040, 1040-SR, or 1040-NR; or 2020 Form 1041, line 2b(2); etc. can't be less than zero). Don't include an amount less than zero in the calculation for Form 8995, line 12 or Form 8995-A, line 34.