The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Using ETFs to get Foreign divs in IRAs||Date: 6/8/2013 7:37 PM|
|Author: gdett2||Number: 118661 of 121572|
I have read through some of this confusing mess. Phil gave you some good, detailed answers. Here is the short version:
1. Taxes withheld from dividends paid to stock, mutual funds or ETFs held inside any type of tax-advantaged account, IRA/401k/403b/etc, are lost money to you. If you own an ETF, the ETF has the tax withheld and pays you the remainder.
2. If you hold these items in a taxable brokerage, you file for the tax credit on your US tax return.
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