f****t
发帖数: 1063 | 1 what are the differences?
The earning of money market of a bank is considered as dividend or interest?
I think interest is treated as regular income,
but dividends can be treated as capital gain, which may have lower tax rate.
thx. | S****Y
发帖数: 4634 | 2 interest
interest?
rate.
【在 f****t 的大作中提到】
: what are the differences?
: The earning of money market of a bank is considered as dividend or interest?
: I think interest is treated as regular income,
: but dividends can be treated as capital gain, which may have lower tax rate.
: thx.
| f****t
发帖数: 1063 | 3
so may I know what can be counted as dividends? thanks
【在 S****Y 的大作中提到】
: interest
:
: interest?
: rate.
| x******n
发帖数: 1328 | 4 股票的分红（而且有时只是其中的一部分）
【在 f****t 的大作中提到】
:
: so may I know what can be counted as dividends? thanks
| S****Y
发帖数: 4634 | 5 if you hold stock, they pay dividends.
【在 f****t 的大作中提到】
:
: so may I know what can be counted as dividends? thanks
| f****t
发帖数: 1063 | 6
May I know, then, what is called for the other 部分 of 股票的分红?
why does the bank call the earning from money market acccount as dividends?
【在 x******n 的大作中提到】
: 股票的分红（而且有时只是其中的一部分）
| O******A
发帖数: 335 | 7 Read Pub 564. Maybe what you have is money market fund, a mutual fund
invested in money market, so the earnings is dividend not interest. | f****t
发帖数: 1063 | 8
thakns.
first, what I have is the Money market fund of a bank. Basically the bank
has three things: checking, saving (regular, and CDs), and money market fund
. Usually money market fund has a higher rate. The earning from this money
market fund, the bank call it a dividend. But when the bank report the
earning, it uses the similar form as that of interest.
So I confused, because I think the didivdend is treated differently (for
example, as a capital gain), from interest. So for such earning, d
【在 O******A 的大作中提到】
: Read Pub 564. Maybe what you have is money market fund, a mutual fund
: invested in money market, so the earnings is dividend not interest.
| O******A
发帖数: 335 | 9 Dividends reported on 1099-DIV and interest reported on 1099-INT. Interest
is ordinary income and dividend income taxed at 15% (if your income is less
than $200000?). There are different lines on 1040 to report these income. (
don't report dividend on capital gain).
If you got 1099-INT, my guess is your bank invested the money in CD's, but I
could be wrong. Ask your bank.
fund
report
【在 f****t 的大作中提到】
:
: thakns.
: first, what I have is the Money market fund of a bank. Basically the bank
: has three things: checking, saving (regular, and CDs), and money market fund
: . Usually money market fund has a higher rate. The earning from this money
: market fund, the bank call it a dividend. But when the bank report the
: earning, it uses the similar form as that of interest.
: So I confused, because I think the didivdend is treated differently (for
: example, as a capital gain), from interest. So for such earning, d
| f****t
发帖数: 1063 | 10
less
only qualified dividends get 15%, and ordinary dividends are counted as
regular income? The forms from the bank will specify which are interests,
which are ordinary dividends, which are qualified dividends?
I
thanks for this hint. I never thought about this possibility.
【在 O******A 的大作中提到】
: Dividends reported on 1099-DIV and interest reported on 1099-INT. Interest
: is ordinary income and dividend income taxed at 15% (if your income is less
: than $200000?). There are different lines on 1040 to report these income. (
: don't report dividend on capital gain).
: If you got 1099-INT, my guess is your bank invested the money in CD's, but I
: could be wrong. Ask your bank.
:
: fund
: report
| O******A
发帖数: 335 | 11 You will find out how much interest, dividend and qualified dividend you
earned when you receive 1099 forms from your bank.
【在 f****t 的大作中提到】
:
: less
: only qualified dividends get 15%, and ordinary dividends are counted as
: regular income? The forms from the bank will specify which are interests,
: which are ordinary dividends, which are qualified dividends?
: I
: thanks for this hint. I never thought about this possibility.
|
|
