0
What else can I help you with?
What are Exempt income under income from other sources?
Exempt interest and exempt dividends from qualified municipal bonds.
Are the proceeds of sale from a property to a third party unearned income?
The proceeds from the sale of a property to a third party are generally not considered unearned income, as they represent the capital gained from an asset you owned. Unearned income typically refers to earnings not derived from active work, such as interest, dividends, or rental income. Instead, the sale proceeds are often classified as capital gains, subject to taxation based on the difference between the sale price and the property's original purchase price.
One of the main disadvantages of the corporate form is the?
double taxation of dividends
Does preferred stocks mean that the company is preferred over other companies in a particular industry?
Preferred stock, also called preferred shares, preference shares, or simply preferreds, is a special equity security that has properties of both an equity and a debt instrument and is generally considered a hybrid instrument. Preferreds are senior (i.e., higher ranking) to common stock, but are subordinate to bonds.[1]Preferred stock usually carries no voting rights,[2] but may carry a dividend and may have priority over common stock in the payment of dividends and upon liquidation. Preferred stock may have a convertibility feature into common stock. Terms of the preferred stock are stated in a "Certificate of Designation".Similar to bonds, preferred stocks are rated by the major credit rating companies. The rating for preferreds is generally lower since preferred dividends do not carry the same guarantees as interest payments from bonds and they are junior to all creditors.[3Preferred stock is a special class of shares that may have any combination of features not possessed by common stock.The following features are usually associated with preferred stock[4]Preference in dividends.Preference in assets in the event of liquidation.Convertible into common stock.Callable at the option of the corporation.Nonvoting.In general, preferreds have preference to dividends payments. A preference does not assure the payment of dividends, but the company must pay the stated dividend rate prior to paying any dividends on common stock.[4]Preferred stock can either be cumulative or noncumulative. A cumulative preferred stock requires that if a company fails to pay any dividend or any amount below the stated rate, it must make up for it at a later time. Dividends accumulate with each passed dividend period, which can be quarterly, semi-annually, or annually. When a dividend is not paid in time it is said that the dividend has "passed" and all passed dividends on a cumulative stock is a dividend in arrears. A stock that doesn't have this feature is known as a noncumulative or straight[5] preferred stock and any dividends passed are lost forever if not declared.[6]
How do you cancel my SBLI insurance?
I would like to surrender my polocy and collect the policy dividends
What are the tax implications of receiving interest dividends from private activity bonds?
Interest dividends from private activity bonds are typically subject to federal income tax. However, if the bonds meet certain criteria and are considered tax-exempt, the interest dividends may be exempt from federal income tax. It is important to consult with a tax professional to understand the specific tax implications of receiving interest dividends from private activity bonds.
What are dividends on deposit?
Dividends stay in policy and accumulate interest.
What is the difference between dividends and interest?
It is very important that the self directed investor understands the difference between dividends and interest.-Dividends- Dividends are generally paid to shareholders of a publicly traded company.-Interest- Earning interest would be from loaning your money. If you put your money in the bank or buy bonds you are actually loaning your money.The single most important reason for knowing the difference is tax. Dividends are taxed at a different rate than interest earned. It is suggested to seek professional accounting advice on how these tax rates affect you.
What are the interest and dividends for a pediatrician?
It's over 9000
Are dividends considered capital gains?
Dividends are not considered capital gains. Capital gains are profits made from the sale of an investment, while dividends are payments made by a company to its shareholders from its profits.
Do bond ETFs pay dividends?
Yes, bond ETFs can pay dividends to investors. These dividends are typically generated from the interest payments on the underlying bonds held by the ETF.
What is the total amount of private activity bond interest dividends reported in box 12 of the tax form?
The total amount of private activity bond interest dividends reported in box 12 of the tax form is the sum of all interest dividends earned from private activity bonds during the tax year.
What is the tax treatment for private activity bond interest dividends?
Private activity bond interest dividends are typically exempt from federal income tax, but may be subject to state and local taxes.
Where on the 1040 form should specified private activity bond interest dividends be reported?
Specified private activity bond interest dividends should be reported on line 2b of the 1040 form.
Are dividends considered debt?
Not debt, but they are income.
Are reinvested dividends in a traditional IRA considered contributions?
No, They are considered as "Earnings."
What are substitute payments in lieu of dividends or interest and how do they impact investors?
Substitute payments in lieu of dividends or interest are payments made to investors when the actual dividends or interest cannot be distributed. This can happen due to various reasons such as legal restrictions or financial difficulties. These payments can impact investors by affecting their overall returns and potentially reducing the income they receive from their investments.
