Are re-invested stock dividends tax-exempt?

1 Answer

Answer :

no. You should have gotten a 1099 from WalMart (or the broker) and the dividends will show up as taxable income.

Related questions

Description : What is the formula for "Common stock valuation with infinite stream of dividends" ?

Last Answer : answer:@Espiritus_Corvus Thanks for the very helpful comment. Actually this exists, it's not exactly infinite it is just the process of valuing a stock that you have no expected day you will sell it. So, if ... to assume you';; receive that dividend forever. I just need the formula i can't find it.

Description : Stock price is a direct function of dividends, EPS, and ______ along with emergency loans? a. debt rating c. book value b. cash on hand d. yield ratio

Last Answer : c. book value

Description : A project has a Profitability Index of 1.30. What does it mean?  A.The NPV is less than zero B.The payback period is more than one year  C.That the project returns Rs 1.30 for every Re 1 invested in the project  D.That IRR is 1.30 times that of the Hurdle Rate

Last Answer : C.That the project returns Rs 1.30 for every Re 1 invested in the project

Description : An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment ... 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Last Answer : C. Rs. 2, 25,600

Description : Should churches which use their collective political might to deny equal freedoms and rights to all citizens lose their tax-exempt status?

Last Answer : Absolutely. People have to keep pressing this issue. We need to stop handling religious people with kid gloves because they know eveyone does and they use that to their advantage.

Description : Are interest earnings from municipal bonds tax exempt?

Last Answer : No, interest earnings from municipal bonds are not tax exempt at the federal or state level.

Description : Debt financing is a cheaper source of finance because of A. Time value of Money B. Rate of Interest C. Tax deductibility of Interest D. Dividends not payable to lenders.

Last Answer : C. Tax deductibility of Interest

Description : Personal disposable income is equal to .. (a) Wages and salaries + Dividends paid at home - Personal income tax (b) Wages and salaries + Dividends paid at home + Factor income ... + Dividends paid at home + Factor income received from abroad - Transfers from government - Personal income tax.

Last Answer : (c) Wages and salaries + Dividends paid at home + Factor income received from abroad + Transfers from government – Personal income tax.

Description : (Yes, yes, I've procrastinated.) Can you help me with a TurboTax question re: new car credit?

Last Answer : answer:It would appear that the requested input is any tax that you have already paid on the vehicle, such as sales tax or (perhaps) a registration fee that is based on the value of the ... file an extension request instead of your tax return by April 15, and the first extension is automatic.

Description : How can I get this check re-issued?

Last Answer : In most cases they will reissue it, but it won’t be for the same amount (they’ll probably take out interest or something). It may also take some time. But if they can prove that they tried to contact you about it, you might not get it. I think you have a 70% chance of getting it.

Description : Why are some people into stock investing, others not?

Last Answer : answer:Some people are more risk averse. They want a guaranteed return on their money. Or they don’t understand the concepts of stock trading. Not everyone has money to invest that they can spare.

Description : What is the best way to go about investing in the stock market long-term?

Last Answer : answer:I would suggest checking out the https://personal.vanguard.com/us/home site. There is good information about beginning investors. You can answer some questions and also call the 800 number and talk with someone ... (stock, bond, S & P 500, international, for example) is a good way to start.

Description : What is the best online stock trading website?

Last Answer : I like lowtrades.com. Trades are only $5. There is no minimum other than there must be one trade every six months.

Description : How do I know if my stock portfolio is doing good?

Last Answer : I guess an easier way to ask this is, If I do +5% on all my portfolio in a month, how do I know this is a good number?

Description : What should be included in a colonial (New England) stock prospectus/pamphlet?

Last Answer : We used corncobs as toilet paper!

Description : Is there a way to find out how many investors there are for any given stock?

Last Answer : This might help for the NASDAQ. Haven’t found anything for the NYSE that is similar.

Description : If you dabble in the stock market, do you have any choice picks of cheap stocks that look like they're on the rise?

Last Answer : CHKE

Description : Why are the US stock markets closed today?

Last Answer : Good Friday Not quite sure why it is important enough to close the NYSE, but it is.

Description : Why is it possible to buy an open call option with a strike price below the current stock price?

Last Answer : answer:You would not make a profit because the cost of the option added to the price would still be more than the current price of the stock. This is what is called the premium. However if ... to rise and if the premium was low you could effectively acquire more stock control for a larger return.

Description : How do I get started with the stock market?

Last Answer : there are alot of questions here, so i'll leave the ones that i dont know much about alone. a good way to get a taste of the stock market is to start in a mutual fund, you are ... account service fee, which should be taken into account when you look at an otherwise attractive outlook for the fund.

Description : How old do you have to be to buy a stock ?

Last Answer : You have to be 18 to own stock of your own – but this doesn’t stop thousands of minors, including myself, from buying and selling shares using accounts supervised by their parents.

Description : Would it be wise to invest in FannieMae or FreddieMac while the stock is down?

Last Answer : Dumb and Dumber until things resolve themselves. A CD or Moneymarket fund is a good place to park cash until the price of oil, job market, employment, etc resolves itself.

Description : Will freddie and fannie maes stock eventually become worthless?

Last Answer : eventually?......I thought it was already worthless.

Description : Will Lehman brothers stock disappear when it files for bankruptcy?

Last Answer : I strongly suggest you buy a bridge instead.

Description : What will happen with Wachovia stock?

Last Answer : He is buying their stock now? Today? Yoicks. It is not conservative investing and no one has a crystal ball now.

Description : Do we even want to talk about the stock market today?

Last Answer : Turnaround Tuesday is tomorrow…maybe.

Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration

Last Answer : to the extent of capital gain invested in the house property

Description : Would it be fair to have a tax on unrealized capital gains?

Last Answer : No, for the very reason you have listed. If the gains are not realized, you don’t have the cash to pay the taxes. This is an astonishingly stupid proposal.

Description : What's the largest tax refund you have received?

Last Answer : Well, when I was claiming four kids, and my gross income was right at that break off point of about $13,000, I got about $7,000 back.

Description : When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Last Answer : answer:There are tax preparers that will give you a “tax refund” loan. But they will charge you a lot for the privilege of a short term loan. And you have to get your return done by them. Check with H&R Block if you can have it electronically deposited at a third party.

Description : What tax precautions should we be taking?

Last Answer : answer:I always call my tax person before the end of the year to discuss this. We had our chat last week; my issues were how much capital loss from stock sales I was carrying forward from last year. Give your lady a buzz and ask her this question.

Description : Would anyone care to recommend a reputable online tax service?

Last Answer : I always use Turbotax and have found them easy to use, reliable and safe.

Description : Wait, what? The right thinks if they reduce federal spending then we will climb out of all our problems and all the needs that these tax dollars were meeting will evaporate?

Last Answer : answer:No, no, no. That would just be pushing the problem down so congress can look good playing high and mighty and not have to deal with it or the peeved, headache inducing, voters. ... , you die, whichever. Please avoid standing in the sarcasm for prolonged periods, it may prove disorientating.

Description : Are federal tax returns running behind the posted dates?

Last Answer : I’m still waiting on mine. It’s my money, and I need it now!

Description : Should I file my taxes online or see a tax consultant?

Last Answer : I love TurboTax. I did my own taxes for many years, then I had HR Block do it for a few. Unless your taxes are really complicated, TurboTax is the cheapest, easiest way to do your taxes.

Description : No politicking, just economics. Would simply taxing all goods and services work better than the American system of taxation? Akin to sales tax.

Last Answer : I think, and have for awhile, taxing individuals is messy and inefficient. Taxing all goods and services is even more messy and inefficient. If I had to redo from scratch, I’d perhaps only tax corporations, inheritances, and capital gains as a way to simplify everything.

Description : Can anyone explain sales tax in Colorado?

Last Answer : answer:According to Colorado's government website: The City and County of Denver has a general sales tax of 3.62%, a 4.0% sales tax on food and liquor for immediate consumption, and a 7.25% sales tax ... with sales and use tax of .1%, and the Football Stadium District with a .1% sales and use tax.

Description : What is the break down for one federal tax dollar in 2010?

Last Answer : answer:You might have to do a little bit of math to break it down to specifically one dollar, but here’s an excellent infographic for the federal budget: http://www.wallstats.com/deathandtaxes/

Description : Filling Out Tax Information For The First Time?

Last Answer : You should use your own SSN, and just fill in the blanks that are shown. Tax is what you pay, not what you receive. The government charges taxes on income over a certain amount, and the Adsense company needs your SSN to report your earnings to the IRS.

Description : When finding the tax on an item, do you round the number of cents?

Last Answer : This question can be interpreted in two ways. If you mean Do you round the cost of the item to the nearest dollar, and then compute the tax? , then: No. The tax applies to the actual cost of the item, not a more- ... tax is 10.62 * 0.05 = 0.531. The total cost is therefore $10.62 + $0.53 = $11.15

Description : Child Tax Credit?

Last Answer : If you look at the bottom of the link you posted, there is a link to pub 972 which has a worksheet. Basically, you take 110k off whatever your AGI is, so let's say your AGI is $130k. You take ... Or for any number inbetween there, you basically lose $50 of the credit for every 1,000 in income (5%).

Description : Can someone answer another tax question?

Last Answer : You can claim what ever you like, but if you have to pay at the end of the year, you will have an underpayment penalty if you owe more than $1000.

Description : Can someone answer a tax question for me?

Last Answer : You’ve simply got to file this year’s return, and file for the years past as well. You can get on line to the IRS home page for past years forms.

Description : Do you plan on spending your tax rebate check (thus stimulating the economy as intended) or will you save your money?

Last Answer : Probably going to end up blowing it on stupid stuff. Though I’d really like to save it if possible.

Description : With the "$600" tax rebate from the government in effort to boost the economy,what will u do with yours?

Last Answer : Save it. Part of the reason the economy is tanking is because Americans are overextended in debt—both on an individual level, with maxed-out credit cards and houses leveraged to the max, and on a collective level, with soaring federal deficits to pay for military adventurism.

Description : I am unemployed. Do I pay federal tax on interest rate income i make from investing in treasury notes?

Last Answer : I would check the IRS website….but you probably do have to pay taxes on that income if it exceeds a certain amount.

Description : How much tax can I expect to pay on my first paycheck?

Last Answer : Be sure and include money for the Self Employment tax (a little more than 14% of gross) that you will need to pay too. Federal varies. To be on the safe side, I save out 25%. Some people do 30%.

Description : How long do I really need to keep my tax returns?

Last Answer : answer:From Kiplinger.com: You'll want to keep tax returns forever. You'll need them when you apply for a loan or apply for disability insurance. Plus, old tax forms can be useful if you can't ... have your own business. You generally can't be audited after that. Note: the IRS says the same.

Description : Are reptilians exempt from vaccine requirements?

Last Answer : Well guess Mark Zuckerberg is behind all of this then. He’s a lizard in human form after all ~

Description : Why are volunteers, and interns, exempt from minimum wage laws?

Last Answer : You can look up the definition of volunteer. https://www.dol.gov/agencies/whd/fact-sheets/71-flsa-internships