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I am about to start my first DRIP, and was reading about all the tax calculations one needs to do for DRIPs.

Does it make sense to choose not to re-invest the dividends, and does that save oneself a lot of hassle during tax-time? As I see it, re-investing dividends is just like sending in some extra cash every month. If I am doing that anyway, then why not have the dividend sent to me and thus avoid the hassle of dealing with fractional shares, and purchases at odd times, etc.

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