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/biz/ - Business & Finance

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53429151 No.53429151 [Reply] [Original]

Nigger here, how do dividends in the US of A work? Do you have to pay taxes on them if you reinvest them?

>> No.53429159

>>53429151
This bitch looks insane

>> No.53430326

you don't pay taxes to an illicit govt or subsidary, giving your authority to them... Absurd. I'd just rather say come fucking take it nigger glowies. Been waiting to meet with you again... This time B'dog is NOT having a formal meeting. refusal to contract with these fucking kikeNiggerJews is the only way...

>> No.53432614

>>53429151
built for BBC

>> No.53433606

Built to be the progenitrix of a great Aryan family that never so much as sees a negroid.

>> No.53433623

>>53432614
^^^^^^^^^^^^
Built to swing chickens over his head.

>> No.53433648

>>53429151
>income from dividend
>*massive bong rip*
>but like, do I pay taxes or what?

>> No.53433687

>>53429151

If it's in an Individual Brokerage account, yes.

If it's in a Traditional IRA, only when you sell your assets in retirement.

If it's in a Roth IRA, No.

>> No.53433688

>>53433648
Well do I?

>> No.53433741
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53433741

>>53433688
>>53433687
Roth is what you want, if you dont have one I suggest talking to some brokerage jew to get it set up. Good luck with your investments

>> No.53433757

>>53433688
yes, it's income.
think of it like getting a bonus from your employer.

>> No.53433762
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53433762

>>53432614

>> No.53434008

>>53433757
Also if I reinvest it?

>> No.53434055
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53434055

>>53434008
Don't listen to these money grubbing jews
You don't pay taxes on dividends. You don't have to report them. Just smoke more weed and forget about the irs.

>> No.53434084

>>53434008
yes.
you get income, you pay tax.
so, you get a dividend, you pay tax on the amount received.
that shit thing about it though, is whenever a company pays out the dividend, the stock price adjusts accordingly to how much was paid out.
so dividends sound great, but they really suck.
because companies offer dividends when they're in the 'we can't grow anymore but we have a sustainable business' part of the lifecycle.
well, the only thing that comes after that is a dead company, so you basically ride the dividend to a bankrupt company.
before it bankrupts they cut the dividends ~3 times in a row.

>> No.53434103

>>53434084
Dis sum bullshiet
Aint there a limit like 50k per year or sumthin

>> No.53434169

>>53434103
>Dis sum bullshiet
are you really black?
>Aint there a limit like 50k per year or sumthin
naw it's the opposite. if you make less then ~$13k in income annually, you don't pay tax.
I mean, you could get the same effect as a dividend with crypto staking. but you still pay the same tax rate as a dividend on your staking rewards. it's free money so the IRS wants their fair share.