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For the NJ 1040 do you add together your ordinary dividends and qualified dividends or are the qualified dividends already part of the ordinary dividends and I should just report the ordinary dividend number?

I don't want to make the mistake of adding them together and paying more tax then I should.

Thanks for any help.

Raj
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Ambrosia
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1 Answers1

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Some ordinary dividends are qualified dividends for Federal tax purposes and some or not. If NJ doesn't treat qualified dividends differently, then just report the ordinary dividends and ignore the fact that some of them are qualified dividends for Federal income tax purposes.

Dilip Sarwate
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