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If somebody withdraws their stock dividends in their IRA does that count toward the minimum IRA distribution rule?

2007-07-09 09:06:35 · 2 answers · asked by Anonymous in Business & Finance Taxes United States

2 answers

Yes. All dividends, interest and invested funds are equal in the eyes if the IRS (they all are taxed as ordinary income when withdrawn).

2007-07-09 09:24:34 · answer #1 · answered by skipper 7 · 0 0

Yes, any appreciation of the IRA, through dividends or capital gains or interest, become part of the principal of the IRA, so count as part of a distribution and count toward the MDR.

2007-07-09 09:17:03 · answer #2 · answered by Judy 7 · 0 0

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