Send to a Friend

Nullo's avatar

Are re-invested stock dividends tax-exempt?

Asked by Nullo (21828 points ) February 15th, 2012

I own about three shares of Wal-Mart stock ($5 of each paycheck goes towards purchasing more, so exact numbers are difficult). Each stock pays dividends, which are automatically re-invested.

So I sit here filling out my 1099, and I’m wondering: do I declare the dividends? Or are they not part of the equation, since I’ve ploughed them right back in?

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.