02-04-2015, 01:47 AM
(This post was last modified: 02-04-2015, 01:48 AM by Dividend Watcher.)
DRILL, the way I read the IRS publications and excerpts from the Emergency Economic Stabilization Act of 2008 (the bailout bill), all intermediaries are not only required to track and report it to you but, if you transfer it, such as to a brokerage, are required to provide the basis information to the next intermediary within 15 days.
The law's pretty complicated but I think you won't have to worry about it.
The law's pretty complicated but I think you won't have to worry about it.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan