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SVTPerformance's Chain of Restaurants
Road Side Pub
Just did my taxes....
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<blockquote data-quote="VegasMichael" data-source="post: 16880685" data-attributes="member: 105950"><p>I wasn't doubting your expertise in anything I was merely stating an opinion on how I think dividends should be treated by the IRS because not all kinds of income is taxed by the IRS(federal) or states. </p><p></p><p>You are wrong about dividends paid in stock shares instead of cash as being taxable income. Those shares are not taxed until the shares are sold. Thus, it is tax-deferred like a 1031. <a href="https://www.hrblock.com/tax-center/income/investments/stock-dividends/" target="_blank">Stock Dividends</a></p></blockquote><p></p>
[QUOTE="VegasMichael, post: 16880685, member: 105950"] I wasn't doubting your expertise in anything I was merely stating an opinion on how I think dividends should be treated by the IRS because not all kinds of income is taxed by the IRS(federal) or states. You are wrong about dividends paid in stock shares instead of cash as being taxable income. Those shares are not taxed until the shares are sold. Thus, it is tax-deferred like a 1031. [URL="https://www.hrblock.com/tax-center/income/investments/stock-dividends/"]Stock Dividends[/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Just did my taxes....
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