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With the market down, I have been thinking about adding some good dividend paying companies to my portfolio. However, I do not want to pay the taxes on those dividends. My question is, if I buy those dividend stocks in an IRA(Roth)will I have to pay taxes on them? Thanks for your help.

Evan
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No, there are no income taxes of any kind on any income in an IRA until you withdraw the funds.
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And, to cut down on your transaction costs, maybe even consider buying the shares directly through the company in a no-fee drip plan. Just a thought.

lambent1
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