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Are re-invested stock dividends tax-exempt?
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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?
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