Are dividends from closed end funds such as BEP in any way tax preferred?

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Are dividends from closed end funds such as BEP in any way tax preferred?

2007-01-20 09:50:24 · 2 answers · asked by zxdfmlp 3 in Business & Finance ➔ Taxes ➔ United States

2 answers

Wait for the 1099 form.

2007-01-28 03:03:32 · answer #1 · answered by Boogie Man 3 · 0⤊ 0⤋

The payer will give you a 1099-DIV. The form shows how much of the dividend (if any) is Qualified Dividends versus ordinary divs. Qualified Divs are taxed at your Long Term Cap Gains rate. Regular divs are taxed at your regular wages rate.

2007-01-20 10:10:21 · answer #2 · answered by WealthBuilder 4 · 0⤊ 0⤋