ordinary dividends

Definition

The portion of profits of a company that are passed along to the shareholders of that company on a set specific basis. In most cases, dividends are deemed to be ordinary unless otherwise classified as being qualified dividends. Dividends that are classified as being ordinary are generally taxed as being ordinary income to the shareholder who receives them. Therefore, these dividends should be reported on the investor/taxpayer's annual tax return.
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Ordinary Disability ordinary gain