Do I need to pay Estimated Taxes on Qualified dividend income if I fall in the 0% Long-Term Capital Gains tax bracket?

Question

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.

Aganju · Answer

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.

Do I need to pay Estimated Taxes on Qualified dividend income if I fall in the 0% Long-Term Capital Gains tax bracket?

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