I'm new to the Fool and have ben following the Drip boards, planning my foray into the stock market.:)However, the last few posts have started me thinking about the tax consequences of Drip programs. Duh...How hard are the tax forms when it comes to Drips. I've prided myself on doing my own taxes up until now (foolish or Foolish?) but I'm not real familiar with filing when it comes to taxable investments.I assume that any dividends that are reinvested are considered income, as would be any fees which are paid by the company rather than you. Is this correct? If so, then that doeswn't seem to be too bad. How does Quicken (esp. Q99) handle Drips? Failry easy to enter shares, dividends and fees?Any comments are appreciated.mto
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra