61 day holding period for lower tax rate on special dividend
hello everyone. i have scoured the net looking for an answer on this with no luck...so im hitting the boards. in order for the special dividend (or any dividend) to be considered "qualified" and recieve the lower 15% tax rate, a person must hold the stock for 61 days. my question is can that holding period bleed into another tax year even though the dividend was paid in this tax year?
ex: buy geo today, get the dividend later this month, sell sometime after feb. 11th or so (61 day minimum holding period) and file taxes claiming it is a qualified stock.