The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Using ETFs to get Foreign divs in IRAs||Date: 6/8/2013 7:04 PM|
|Author: TempoAllegro||Number: 118660 of 121444|
I wonder how you would have felt at receiving such a reply as the one you just gave?
A few quotes may help you understand:
I say there is no darkness but ignorance. - Shakespeare
A fool thinks himself to be wise, but a wise man knows himself to be a fool. -Shakespeare
Our doubts are traitors and make us lose the good we oft might win by fearing to attempt. -Shakespeare
So I know I am messed up about foreign dividends and taxes, and I will just go to the IRS web site and read forms 901, 590, 1116, and the instructions to 1040 very carefully. Last I heard, the IRS was just fine with me (no pun intended), but I doubt I’ll ask questions ‘round here too soon again.
Have you heard this one about lawyers?
Lawyers are the only persons in whom ignorance of the law is not punished. - Jeremy Bentham
Perhaps there should be a corollary for errant CPAs:
“Accountants are the only persons in whom ignorance of the tax laws are not fined”?
You spanked me pretty hard, but all in good fun. At this point I think I will just avoid dividends, and avoid the tax board! Good luck to all.
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