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Strategies & Market Trends : Dividend investing for retirement

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To: E_K_S who wrote (26208)1/1/2017 11:00:25 PM
From: Investor2  Read Replies (1) of 34328
 
Yes but if in taxable account that dividend is not "qualified" unless you own the position for 60 days. The qualified dividend income is considered ordinary income. The dividend look back rule 60 day period will look at the total no of days position is/was held. Then when the broker prepares their year end 1099, all qualified dividend income not meeting the 60 day holding period will be put into the ordinary income bucket.


Very interesting... that's something I didn't know.

Remind me, is the qualified dividend income taxed at a preferential tax rate when compared to ordinary income?

Thanks,

I2
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