Investing Income Tax – Understanding Dividend Tax
by | Posted 4.6.2014 | Post Comment (No Comments)

Every year, like clock work, we all have to do our taxes. For many like me, we have to report our dividends and pay our taxes on this amazing passive income. The great thing about dividends is that it’s a passive income and it has a preferred tax rate compared to interest or regular income. Only capital gains has a better tax rate but you have to sell your investments to access your money. (Note that the amount of tax you pay really depends on all your income.)

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