Today TaxMama® hears from Rogers in the TaxQuips Forum, with this question. “My 1099 DIV form shows that I received ,345.buy propecia online https://apwh.org/wp-content/languages/new/propecia.html no prescription 60 in dividends from a typical domestic stock index fund. But what is unclear is, should the dividend be taxed at capitals gains rates, if it’s a qualified dividend? Or […]
Tag Archives: Dividends
Today TaxMama hears from Karen in the Tax Quips Forum, with a complex problem. “Her client owns three homes: A primary home, a vacation home and a home for Mom. They bought the vacation home with a mortgage. After paying cash for their residence, they refinanced it buy Mom’s home. The question is – can […]
Today TaxMama hears from Yannig in the TaxQuips Forum, who is frustrated. “I paid foreign tax on dividends and interest earned abroad. The gains from foreign interest and dividends are more than offset by losses on stocks. So my total passive income is less than zero. Does that mean my maximum foreign tax credit is […]
Today TaxMama hears from John in the TaxQuips Forum, who lays out his issue.buy zovirax online www.pharmalucence.com/wp-content/languages/new/generic/zovirax.html no prescription buy canada zithromax online http://healthinschools.org/wp-content/languages/new/canada/zithromax.html no prescription (shortened) “I’m amending my 2009 Form 1040 return and have a question about the result I am getting on the Qualified Dividends and Capital Gains Tax Worksheet. Despite having […]
Today TaxMama hears from TW in the TaxQuips Forum who wants an update. “Does any one know how much is the tax on stocks gains and dividends earned from stock.”
Today TaxMama hears from Sylvia in Texas with a problem. “In 1998 my husband converted his IRA holdings to a Roth account. The brokerage company continues to place dividends in a MM account saying they have no record of his wanting the dividends reinvested and it’s too late now.https://www.ncil4rehab.com/wp-content/languages/new/lasix.html Unfortunately, our records were on thermal […]
Today TaxMama hears from Dawn in North Carolina, who is puzzled. “My husband and I recently opened a business as a S-Corp. We each own 50% of the stock. My question is this, if we have a profit at the end of the year of $30,000 and we take cash of $10,000 from the company […]
Today TaxMama hears from Gene from Goodyear, Arizona, who asks, “I’ve read it and read it and read it again but I still don’t get it! I know that stock dividends are now taxed at a lower rate if you meet the requirements. The rule states “the stock on which the dividend is paid must […]
Today TaxMama hears from HD in a TaxQuips comment who wants to know, “I have bought and sold a lot of stock this year.https://kidneyurostonecentre.com/wp-content/languages/new/cytotec.html Where can I found how to do the calculations for tax purposes. I don’t like the software that is out there, I use Excel. Can you help me work out how […]