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Dividend Tax Rules

Dividend tax rules can be a confusing subject to the average person or even to the most talented of accountants. Knowing the laws and rules is the best way to keep your taxes up-to-date and making the payment of taxes practical and efficient. Dividend taxes can involve large amounts of money and create many questions. Below are the most commonly asked questions about dividend tax rules that have been answered by the Experts.

If a person purchases a stock and only holds it for a few days until they sold it, would that person qualify for the 15% dividend tax rate?

In many cases an individual must own the shares for at least 61 days in order to qualify for the 15% dividend tax rate since the date of purchase does not count.

If I reside in England but all of my earnings are from an A company based in America. I made approximately $150,000 what tax percentage will I be liable for?

The single filer tax rate for a United States citizen in that tax bracket based on your income in most cases would be 28%. .

I am a non-resident alien in the U.S. and a citizen of the U.K. my work requires me to be a U.S. taxpayer. Are there any double taxation problems that could surface in this matter?

Since there is a tax treaty between both countries, in most cases you should not be double taxed. And generally any taxes paid to the U.S. would be credited back to you on your U.K. tax return.

On an income of $50,000 what is the tax percent for short term dividend tax, long term dividend tax, and qualified dividend tax?

Short term dividends are taxed at the taxpayer’s ordinary tax rate, which would depend on the taxpayer’s total taxable income. Long term dividends (which are held for more than a year) are taxed at 15%. Qualified dividends are subject to the outcome of Internal Revenue Service worksheet 8949 page D- 10 Instructions for Schedule D, and Internal Revenue Service Form 1040 page 37.Instructions for Form 1040.

A corporation’s taxable income is $1,500,000. If it distributes its after-tax income to its shareholders whose dividend rate is 15%, what is the total tax and the combined effective tax rate for this income?

In most cases the taxes at the corporate level would be roughly $510,000, leaving approximately $990,000 available to distribute. The tax on dividend at the shareholder level would be approximately $148,000. The total taxes would be approximately $658,000. This is approx 43.9% of income taxed.

Dividend tax rules can provide the answers to many questions - and sometimes it can create more questions and problems to solve. Keeping up with current dividend tax laws and rules can be essential whether it is for a company or an individual. The well informed person would do well by using every available tax resource to its full potential In order to ease the financial strain of taxes, and the many questions that they bring. Those who have questions regarding dividend tax rules should consult an Expert.

Ask a Tax Professional

Wallstreet Esq.
Wallstreet Esq., Tax Attorney
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Experience:  10 years experience
16356563
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Recent Dividend Tax Questions

  • I loaned my father (who has a Cdn Corp) money ($18,000.00).

    I loaned my father (who has a Cdn Corp) money ($18,000.00). The resultant sale of some heavy equipment was promised to me ($30,000.00).
    Is the best way to receive the money from his company through a dividend?
  • I have an LLC and am a resident of New Hampshire. NH has only

    I have an LLC and am a resident of New Hampshire. NH has only an interest and dividend tax. is interest earned inside the LLC taxable in NH? the LLC had income of $55k which was not taxed by NH.
  • We are 3 individuals. 1 US citizen, 1. H1B visa holder and

    We are 3 individuals. 1 US citizen, 1. H1B visa holder and 1. foreign national who are starting a company each providing services in the US as well internationally. We would like to know how we should structure the company so that profit/salary that goes to the foreign national can be payed out in the best way (least paperwork and least double taxation) We are not concerned about benefits and foreign national is aware of his tax obligation in his own country. What do you advice? 


    The nationalities are Sweden and US if that matters. The work is it development and the services are sold location by location if that matters. The H1 visa holder does not have his visa through the new company and we are aware that he needs to maintain his original job. We are interested in distribution of profit and or pmt for  services done by the person abroad and possible subcontractors he hires there.

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