My experience with being taxed on dividends
10,836
Published 2023-03-09
crucially, since most people set their dividends to reinvest, they may not actually have the cash on hand—so it's good to be prepared for it!
your 1099-DIV forms will outline your dividend totals. 🤓
Presented by TaxAct
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All Comments (14)
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Thank you, alot of people praise Income Dividends but don't talk about taxation
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It would be great to have flat tax and not progressive, for ordinary dividend
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Mine are in my 401k which are tax deffered and i dont THINK I'll get hit with taxes when i finally cash out or pull out, but i PLAN to primarily live off dividends when i retire or later in life
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The holding period requirement to make a qualified dividend is unnecessary: the Form 1099 given to you by your brokerage at will classify all your dividends as Qualfied at the end of the year, whether you held for 61+days or not
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As a Nonresident alien having to pay 30% tax on dividends but 0% on capital gains, is it better to focus on growth stocks rather than dividends? 😕
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Well said
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To people that cry anout dividend tax. Will you mot get a raise at your job bc extra tax you have to pay?
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That is why dividends are so tax inefficient. Another case in favor of investment options that use their earnings to invest and grow their business instead of paying it as dividends. You channel is awesome!
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I like it. It’s good to think this way. You must be making bank to be in those tax brackets 💸💸 We do dividend investing on my channel as well!
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But what about the gains from none dividend paying stocks you are holding? You would be taxed zero on those correct?
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Place these dividend payers in an IRA account
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Worst than the mob. Moving to SD. 😊
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You look like Helen Maroulis
