ex. divi date for special was Dec. 6th. My reading states to be qualified divi (among other things), a stockholder must own for 60 day prior and 60 days after this date to obtain 15% tax rate. So, one must hold till Feb. 2. Correct?
I don't know where you got this. Your broker will send you the dividends you RECEIVED for the calendar year 2012. There are different types of dividends (reit's, for example). In short, the regular divi's you RECEIVE for 2012 are 'qualified'. Anything after December 31st will be reported in calendar year 2013 (up to including December 31, 2013)!
That's why I asked the question. If it is that simple--then great. The IRS distinguishes between ordinary and qualified. To get qualified treatment there are conditions: one is a 120 day holding period of the stock. It sounds like you don't understand yourself. When you get your 1099 from your broker--yours will say Ordinary if you sold I assume.
"In order to be taxed at the qualified dividend rate, the dividend must:
be paid between January 1, 2003 and December 31, 2012,
be paid by a U.S. corporation, by a corporation incorporated in a U.S. possession, by a foreign corporation located in a country that is eligible for benefits under a U.S. tax treaty that meets certain criteria, or on a foreign corporation’s stock that can be readily traded on an established U.S. stock market (e.g., an American Depositary Receipt or ADR), and
meet holding period requirements: You must have held the stock for more than 60 days during the 121-day period that begins 60 days before the ex-dividend date. The ex-dividend date is the first date following the declaration of a dividend on which the buyer of a stock is not entitled to receive the next dividend payment. When counting the number of days you held the stock, include the day you disposed of the stock, but not the day you acquired it.
For dividends that do not meet the above criteria, the effective qualified dividend tax rate is determined by the date on which the dividend was paid and the individual's ordinary income tax bracket. "