For those payments you receive that are qualified dividends, the maximum rate of tax you will pay is 15 percent, while many taxpayers may even qualify to receive the dividends tax free. This is because the law taxes qualified dividends using the same rates that apply to net capital gains. As a result, youâll pay a 15-percent tax on qualified dividends only if the taxable income you report puts you in the 25-percent tax bracket or higher. If your tax bracket is lower, you receive the qualified dividends tax free.
What to Expect for Refunds in 2015. The IRS issues more than 9 out of 10 refunds in less than 21 days. However, itâs possible your tax return may require additional review and take longer. The easiest way to check your refund status is by using our automated tools. Whereâs My Refund? has the most up to date information available about your refund.
If you paper file, it will take three to four weeks for the IRS to process the return and acknowledge your refund. If you e-file, you will get a notice of arrival within 24 hours and confirmation of refund within 72 hours.f you paper file, it will take three to four weeks for the IRS to process the return and acknowledge your refund. If you e-file, you will get a notice of arrival within 24 hours and confirmation of refund within 72 hours.