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If I chose the option of "Re-invest Capital Gains, Dividends" then do I have...
This is a discussion on If I chose the option of "Re-invest Capital Gains, Dividends" then do I have... within the Credit forums, part of the Main Category category; ...to pay taxes on them now ? Can I defer capital gains tax until I redeem the shares?...
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12-17-2008, 06:06 PM
| #1 |
| Junior Member Join Date: Dec 2008
Posts: 1
| ...to pay taxes on them now ? Can I defer capital gains tax until I redeem the shares? |
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12-17-2008, 06:50 PM
| #2 |
| Junior Member  Join Date: Jun 2008
Posts: 3
|  No. The instant you ever receive any dividends, even if you immediately turn around and plow them back into the stock, it doesn't matter, you have recieved income, and that income is taxable. This is one of the many reasons real estate is my investment of choice; it doesn't have these pesky tax problems... |
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