Dividend Tax Question

N

NorthBeachFl

Joined
Mar 2, 2010
Messages
1
Reaction score
0
I have a question. I have stock in a company. They give me a tax form saying I received, lets say 100K but they only distrubt a check for 33K. So i have to pay taxes on 100K. They say they reinvest the other 77K back in the company. This is done to every stockholder. Is this legal? Should they give out what they say I received in my tax form? or should they keep the money in the business before they give me a tax form for higher? Thanks!
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

UK Dividend from Subsidiary 3
USA Day Traders and Tax Treatment of Dividends and Interest 0
UK Employment dividends on payslip, are they taxed 1
UK Dividends on Tax return and accounts 0
UK dividend tax 0
USA Is there a US tax on dividends received from UK corporation by US resident? 0
USA estate income tax gain or loss on dividends after date of death 1
Tax credit on dividends 1

Members online

Total: 74 (members: 1, guests: 73)

Forum statistics

Threads
11,879
Messages
28,066
Members
23,083
Latest member
bpNjqtu7xTZiM

Latest Threads

Top