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okay welcome back so for this video what i wanted to cover is how to use the qualified dividends and capital gains tax worksheet when you prepare your form 1040. so why is this important this is important because when you do your taxes qualified dividend income and long-term capital gains are generally subject to a lower tax rate so you effectively have to use two tables if you have these types of income in order to more appropriately calculate what you owe in taxes so i got a couple pieces in front of us here ive got one slide which ill walk through ive also got a sample 1040 here for a taxpayer that has qualified dividend income and some long-term capital gains and then ive got the 1040 instructions here for 2021 and this is where well reference the tables so you can see what it is im talking about okay so go back to the slide here to start so again generally form 1040 taxpayers can compute their tax liability using either the standard tax rate tables and you can find these in