Posts tagged as:

dividends

Hey Congress, Why Don’t You…? Estate Tax and Dividends

1 September 2009

Scott Lovingood writes:
Two specifics that should be addressed immediately.
Stop double taxation
1) Eliminate the estate tax. You pay taxes on everything you make and then you get taxed again when you die? Tell me that makes any sense.
2) Stop taxing Dividends on personal accounts- Companies have already paid taxes on the profit [...]

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Ask the taxgirl: Reinvested Dividends

20 June 2008

Taxpayer asks:
I don’t understand. I have my stocks on a program that reinvests the dividends back into the stock. My broker says that this increases my bases. But my CPA says that I have to report this on my taxes. Why is this if I haven’t sold the stock?
Taxgirl says:
Dividend Reinvestment [...]

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Fix the Tax Code Friday: Dividends and Interest

17 August 2007

Many proponents of the flat tax have advocated for the elimination of tax on dividends and interest, leaving only a tax on wages and “earned income”. The argument for the elimination of such a tax is that it would encourage investments and savings and thus, stimulate the economy. The argument against the proposition [...]

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