mieubrisse / wealthdraft

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Make ordinary/qualified dividends closer to the 1040's definition (less confusing) #70

Open mieubrisse opened 4 months ago

mieubrisse commented 4 months ago

Right now, Wealthdraft expects that "ordinary dividends" and "qualified dividends" are mutually exclusive, so that ordinary_dividends + qualified_dividends = total_dividends.

In the 1040, box 3b ("ordinary dividends") is actually a superset of box 3a ("qualified dividends"). This means that a Wealthdraft user has to remember to subtract "qualified dividends" from "total ordinary dividends" on their 1099 when entering into Wealthdraft.