DIV
Global X SuperDividend U.S. ETF
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End Credit Dividends Club (SSB)
5 OTC STOCKS FOR POTENTIAL GROWTH 2024..THOUGHTS?
"Capital Gains Distribution" on Mutual Fund But No Check Received
Rating Agencies Got You Feeling Moody? You Just Wait.
24 year old with a new IRA. Hand tailored by CFP. I don’t know hardly anything but shouldn’t an IRA consist of more than 4 stocks an index fund and a ETF
How to survive the next week and a half, a bear guide
State Tax Exemptions on US Government Interest for Tax Return
If I don't receive a 1099-DIV, how do I enter tax info for my recent investments?
May I ask a financial advice question to the safest group around? 😂
Please explain like I'm five: dividends taxed twice.
What are your thoughts on CLM and its 17% dividend?
Advice on primarily dividend based investment strategy
NEWMONT - Is this a good long term buy? (Versus Barrick)
UWMC ex DIV 6/9??? A Match Made in Heaven
Riding that train-Smoking SSSS for $2.50 sh DIV x-date 5-17. Get on it!
British American Tobacco ($BTI/BATS.L) - Riding the Altria ($MO) Momentum
British American Tobacco ($BTI/BATS.L) - Ride the Altria Momentum
PSA: Its really easy to do taxes yourself even if your 1099 is 100+ pages
Mentions
So based on their net income and growth projections, theyll be able to pay that off in #DIV/0! years
DIV, in general high dividend ETFs i guess also
That dividend 🤤 Recently heared about the $wen commotion and thought people might have realized the DIV%. Nope. It's me-mo (meme momentum) related. I hope you are right, OP. Out of respect for those balls, I'll grab a share for the ride (too new with trading to ride a wave like this and not have the legs to surf yet).
Dang you're lucky son, you can live anywhere that isn't crazy expensive then and not even work. I'm from California and I really miss it, but I wouldn't move back, at least to somewhere populated and thus expensive, unless I was making at least $100k/year, which you easily could. You just need to invest in enough dividend stocks/ETFs. Now obviously my favorite is CHPY, but I get downvoted every time I mention it, probably because people are scared of something too good to be true since the NAV keeps increasing while paying $.66 per share every week. So just to be safe you should diversify into other safe but high income ones like JEPI, JEPQ, QQQI, as well as safer ones like KBWY, DIV, SCHD, and VYM. After putting enough in those to get the desired income, the rest and future income can obviously can go into long term investments and options.
Sure, so long as MSTR trades at a premium. But then they have to take on debt or dilute shares to raise funds to buy coins, or to pay the DIV, etc. Seems like an inefficient & risky way to get exposure to BTC.
Gotcha. Moved 15K to DIV stock. All good
\> 20 percent backing on 125 percent notional is roughly 25k of non interest cash Yes, but then you end up with the brokerage requirement to be 125% of the overnight rate, so you end up at 25% backing, plus you need a bit of a buffer to handle debits on down days. Here's my spreadsheet math. It's showing me 350 bps above the risk-free-rate. I get closer to the 100 bps you mentioned when I set the buying power requirement to 20% instead of 25% (I wasn't expecting this to copy-paste perfectly) |Risk Free Rate (RFR)|4.00%| |:-|:-| |Expected Dividends (DIV)|1.30%| |Account Equity|$100,000| |Target SPX Exposure|125%| |Notional Exposure (NotExp)|$125,000| |Cost of futures = *(RFR - DIV) \* NotExp*|\-$3,375| |Buying Power Requirement = *1.25 \* NotExp \* 0.2*|$31,250| |SGOV Total = *AcctEq - BuyPow*|$68,750| |SGOV Interest = *RFR \* SGOVTot*|$2,750| |Dead Cash Lost Interest = *RFR \* BuyPow*|\-$1,250| |Total Cost|\-$1,875| |Cost of Leverage = *TotalCost / (NotExp - AcctEq)*|\-7.50%|
Look into ETFs that track major indexes. Like QQQ or VOO. I would also look at a stable dividend paying etf like SCHD or other equivalent, maybe DIV. I would spread out your cash into at least 4-5 different securities
Assuming it was a taxable account (not a retirement account) You will get a 1099-DIV form that will show the total amount of the dividend(s) you received. You will get a 1099-B showing your total cost basis and what the sales proceeds were when you sold. Large brokers will usually put both forms in the same mailing. So for example, if you just had 1 share, it would show your cost basis as $100.50 and your sales proceeds as $100.10. It will probably have a totals line showing the net loss of $0.40. That is a short term capital loss. You don't necessarily have to have capital gains in order to get a benefit of the loss. You can use up to $3,000 of short-term losses per year to offset (in order): -- short term gains -- long term gains -- other income In a scenario where you got a dividend of 40 cents and also had a 40 cent short-term capital loss and those were your only transactions, (you didn't have any short or long terms gains from anything except SGOV): You would report 40 cents of dividend income. You would report the 40 cent capital loss. The way the math tax works: You would owe tax on the 40 cents of divs But the 40 cent capital loss would reduce your total income by the same amount. So you would end up paying zero tax on the div. What you should probably do is go to one of the free online tax calculators to see how this all ends up working.
NP, stay out of DIV growth. Even if you NEED the income.
lol I gotta set a reminder for April 15th 2027 when you come back here asking about how to fill out a 1099-DIV
happened to me last night with robinhood 1099-DIV maintenance 😖
That’s the thing that many people haven’t realized yet. You don’t even need to use AI directly to prepare your taxes. You can ask AI to create a tax software now. I just asked Claude to write me a script that parses 1099-B/INT/DIV forms into consumable csv files. Then another script that validates each csv field against corresponding field in PDF with brute force. Just to make sure that all numbers were extracted correctly. Then I asked it for a final script that can generate a Schedule D and all supporting forms based on the IRS rules for 2025 tax year. As realized, even a free subscription is enough for this. The IRS rules might look complex for human. But they are just bunch of nested long if-else statements. The resulted form was identical to what TurboTax created.
I use dedicated tax software at work and it still fucks up sometimes. Usually on more complicated issues, but even simple mistakes are super common and require human review. 1099-R codes are often handled wrong, I see W-2 Box 14 entries get fucked up all the time, certain tax-exempt interest/dividends need to be manually corrected. And there's a lot of stuff that's triggered by other stuff that I really wouldn't trust Claude with, honestly. Like if it takes your consolidated 1099 I'm sure it can pull the ordinary dividends and probably even successfully fill out your Sch B, but will it know it needs to add Form 1116 if there's an entry on Box 7 of the DIV? Will it know how to handle excess FICA if you switched jobs during the year? Is going to even attempt to carryover credits/losses/etc from prior years? I'm INCREDIBLY certain it won't know what tf to do with most K-1s. There's a lot of stuff it won't be able to read because you don't get official "forms" for it, like charitable contributions, medical expenses (though rarely deductible), I honestly wouldn't really trust it to properly calculate your SALT deduction if you're itemizing, if you're claiming something like an energy efficient credit you'll have to walk through that manually. Is it going to note stuff like "Hey I see you have some 1099-NEC income, have you thought about a SEP?" I think most tax software is fine for the average Joe, I use FreeTaxUSA to do my own despite having software at work bc it's just worth $15 to get it done so easily, but if you have anything remotely complicated I wouldn't trust an LLM. I mean Claude apparently didn't even tell OP that of course you can e-file online for free and he didn't need to send paper forms? Also Intuit makes most of its income from Quickbooks and I really don't see AI changing that. I have clients who actually tried to use LLMs to summarize their SE business income for me (what QBO would normally do) and it was a HUGE mess. QBO is working on incorporating AI, at this point it sucks and is far more annoying than helpful but they'll figure out its best use cases for their software and it will probably eventually make QBO easier for the average small-business owner. I think TurboTax is losing its market grip but QBO isn't going anywhere for a while. Also why is no one pointing out that OP clearly wrote their whole post using Claude and this is just Claude advertising itself, lol
VT has a pretty small div distribution, so it would mean selling to get the money you need. So you would need to figure out when and how often you wanted to sell. With a dividend portfolio, you can structure it so that the DIV payments are coming in every quarter (or monthly even) and you can just have them go to your MM account instead of reinvesting them. This would lead to less selling (usually). > And if you notice im trying to highlight you get more money to live with the index fund approach Why do you get more from VT? even in a DIV portfolio you will have price appreciation and you aren't prevented from selling.
Europe is in trouble with the high gas prices. Be careful of too much exposure in that area. I've gone to high dividend ETF's. Guaranteed returns, but maybe not as much growth. DIV. If the market crashes more, then cash will be king soon. ETF's can be liquidated quickly, so keep that in mind. They say the world economy could collapse if the conflict isn't over in a few days, so be very careful.
Friend showed me his 1099-DIV statement just under $3,600 for the year. I flip the page and see he has one holding.... Google. Impressive, very impressive
> IRAN'S ARAGHCHI: WE DO NOT WANT A CEASEFIRE AND WILL MAKE THE AGGRESSOR REGRET IT > 82ND AIRBORNE DIV. COMMANDER ORDERED TO DEPLOY TO MIDEAST - FOX Talks are going well
Thanks everyone. Yesterday, TurboTax could not auto-fill my Fidelity 1099-B, either through direct import or by uploading the PDF. I took some of the advice here and manually entered the Fidelity short-term and long-term summary totals, then uploaded the Fidelity 1099-B PDF in TurboTax. The Fidelity cash management account's 1099-INT and 1099-DIV worked fine through PDF upload. Thanks again for all the helpful replies.
For me it worked on my 1099-DIV and 1099-INT but the 1099-B's were a disaster. I ended up typing the summary info in manually. Also, if you have multiple Fidelity accounts and you don't import them all at the same time, the newest one erases the previous one (despite being a different account number). Surprisingly buggy for such a commonly used app.
If there was no response to the letters where the previous owner was told to do something, the company may have marked it as unclaimed property, sold it after a certain period of time, and sent the money to the state. If HSBC put the shares into an account instead, the previous owner should have been getting a 1099-DIV annually whoever held the shares. Where it gets confusing is that the Computershare that manages the shares is [computershare.co.uk](http://computershare.co.uk) , and you need the US agent, which appears to be BNY Mellon for the ADRs, also called ADSs for American Depository Shares. [https://www.hsbc.com/investors/investor-contacts](https://www.hsbc.com/investors/investor-contacts)
I am surprised I don't see a lot more about this. I was really curious just exactly how Section 1256 contracts were entered into taxes so I went to look for it after importing from Schwab and didn't see the data there and realized there is a problem. If I hadn't been so curious it is very possible I would have submitted without entering the data because I would have had no idea that the data wasn't entered. The Schwab 1099 Section 1256 data in the PDF file is way down below the Long Term transactions and not up at the top with the 1099 -INT and 1099-DIV stuff when looking at the 1099-PDF so it's easily missed when reviewing the PDF. You have to think a lot of people who are doing SPXW options (or any other Section 1256 contract stocks) would have submitted their return without the data entered and then been contacted by the IRS. Did TurboTax let you know that there is Section 1256 data that needs to be manually entered or was it like H&R Block and nothing at all?
Damn you stripe, I wanted that PYPL DIV at IPO prices. https://preview.redd.it/lo5m0922gilg1.png?width=1284&format=png&auto=webp&s=16b2806c4cb0b351dc195031977296d8df3e02f5
the statements and consolidated 1099 form that I get for UTMA, including 1099-DIV and 1099-B, are all in my kid's name. So I assume if your account is actually custodial it should be the same. My name is actually nowhere on the form at all. from there I consider whether I need to file taxes on her behalf and since it's below $1,300 I don't, but if it was over I would have to make a separate filing
FYI your gains are not tax free in a roth if you buy AB stock based on this move. it's not a corporation you get a K-1 if you buy this stock rather than a 1099-DIV
Exactly, so you’d fill out a 1099-DIV for earnings from SGOV instead of a 1099-INT
Heard you got kicked out of DIV 1
TICKER DIAHAND 2TMOON STONKS HLDNBAGS CANDLES OPTIONS HIGH-IV LEAPS 0DTE-MF ALLPUTS ALLCALLS ITM or OTM ALLITM or ALLOTM BULLMKT BEARMKT 1099-DIV ETFGUY These are fun to come up with!
You can always be assigned. Puts DO NOT HAVE EX-DIV RISK. [https://support.tastytrade.com/support/s/solutions/articles/43000435205](https://support.tastytrade.com/support/s/solutions/articles/43000435205)
If you're using turbotax/HR, just import it and it'll sort it out for you. As others said, if you can't sold--the only form you need to care about is 1099-DIV. And the tax software takes care of it automatically
You'll likely get a 1099-DIV that you'll have to file for dividends associated with some of those, but if you haven't sold anything yet then you won't owe anything on the shares themselves, just the dividends.
I used my own Excel spreadsheets to track my monthly dividends. A few months ago, I changed to DIV Tracker and am happily using the program. Like you, multiple accounts: Schwab, Vanguard, ComputerShare, Acorns, International Brokers. DIV Tracker does a good job of letting me know when dividends are coming and how much.
Yes. You will input it into your 1099-DIV under tax-exempt income dividends. When you get your brokerage forms, take any state tax exempt dividends and add them up then enter into 1099-DIV.
Yeah I'm going to long hold the rest since I'm pretty happy TMC helped me to put a together a larger down payment on a house plus invest in some slow growth ETFs, with DIV payouts.
No problem and a huge congrats my dude. If you want something stable and more safe you could look into something like REITS (real estate in investment trusts) or royalty companies like DIV.TO, or some other funds of that nature (I see a lot of people talk VOO or QQQ but idk much about them). My point being they all pay dividends and are all pretty stable. I think dividend stocks and funds are way preferable to an interest savings account personally and they serve a similar purpose.
DD by Alphaspread.com review of $IQST INTRINSIC VALUE: $59 DCF Value: $59 Relative Value:$58 Analyst Coverage: Litchfield 02July2025 Buy Rating:1 $18 target Recent news:IQSTEL PLANS $500K SHARE DIV. DEC. 31, 2025, AND ENTERS CYBERSECURITY AND AI-ENHANCED CYBERSECURITY. Company overviewiQSTEL, Inc. is a holding company, which engages in the provision of technology and telecommunications services. The company is headquartered in Coral Gables, Florida and currently employs 49 full-time employees. The company went IPO on 2013-01-29. The firm offers a range of services to global telecommunications and technology industries with presence in 13 countries. The firm operates in two geographic segments: USA and Switzerland. The firm has portfolio of products and services for its clients such as: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT services, blockchain and payment solutions. These services are grouped within three business divisions: Telecom, Technology and Fintech. The firm has expanded from its original VoIP services into new business areas, such as Short Message Service (SMS) for Applications to Person (A2P) and Person to Person (P2P); and Internet of Things (IoT) solutions and Blockchain-based platforms. The firm operates through its subsidiary Etelix.com USA, LLC (Etelix).
Damn the DIV on DEO is pretty attractive too. We're already at 2012 levels of valuation.
I use CNBC app. Look for ex-DIV date. Typically Robinhood will warn you if you’re holding a spread on ex-DIV and try to get you to close it. I ignored it one time and got stuck paying back a dividend on 2500 Ford shares.
You have to be careful doing this on ex DIV date. Basically the value of the dividend is built into the options premium. If you get assigned on ex DIV day, you will get a dividend reversal fee and have to pay back the dividend on 100 shares
I never said that SGOV dividends are qualified. They are non-qualified. I said that they are dividends, not interest. They are reported on 1099-DIV, not 1099-INT. They are treated as ordinary dividends and taxed as ordinary income.
\>If you hold on the ex-dividend date then you get it in the form of interest. Holding on the day before the ex-div date is what qualifies you to receive the dividend for the preceding month. The ex-div date is when you don't receive the dividend for the preceding month. The distributions are dividends, not interest. The fund receives interest from the bonds it holds. It is paid to us as dividends. The income is reported on 1099-DIV. It doesn't matter for taxes. It is all non-qualified dividends that is taxed the same as ordinary income.
I am absolutely sure they are dividends. They are reported on 1099-DIV.
>U dont pay taxes on dividends. Yes you do, even if re-invested. You get a 1099-DIV at the end of the year.
$UNH Stephen Hemsley the CEO of $UNH watching the stock drop right now ... People forget that he was once a CFO and knows the value of strategic repurchases. Step 1. Kitchen sink the quarter with super conservative Guidance... Step 2. BUY BACK ALOT OF SHARES after market drops... -> Currently Authorized to buy back 20M (7-8M were bought in Q2) They're sitting in 32B in CASH... and still cash flowing at 16B per year right now, with cashflow increasing next year on margin recovery. With M&A window closed because of anti-trust... what do you think they'll do with the excess cash and shares trading at Covid lows? 20M shares @ 250/share = 5B... They were running 3B per Quarter before this earnings. Its likely they might use up the program and do another 5B next quarter... @ $8.80 / in div -> reducing the float by 20M -> saves 176M per year in DIV payments. With margin recovery next year and float thats projected to drop to 850M by year end of 2026... Even at 4% net income Margin (historically low) on $475B -> 19B in Net income. At 850M shares -> ~$22/share in EPS for 2026. at 4.5% net income Margin (historically low) on $500B -> 22.5B @ 815M shares (12B in repurchases) -> ~27/share in EPS for 2027. EPS jump from 2025 ($16/share) to 2027($27/share) Every share repurchased now saves on future cash to dividend and disproportionately boosts EPS. With an investment grade credit rating and very few near term maturities... they could increase the leverage if need be.
UNH PE12, DIV3.02, PT380, EBITDA recovered I think it’s a buy tbh
The decision hinges on two variables you control: how soon you’ll need the down-payment and how much risk you’re willing to take in the meantime. If the house purchase is within the next one-to-three years, capital preservation normally matters more than chasing a few extra percentage points of return. A single 15 % drop in equities can wipe out several years of high-yield savings interest; by contrast, today’s top high-yield savings accounts are paying roughly 4 %–4.7 % annual yield, and that yield is virtually risk-free because deposits are FDIC-insured up to the usual limits.  You don’t actually have to leave Vanguard to get a comparable rate. Selling your stock positions and letting the proceeds sit in the settlement fund (Vanguard Federal Money Market, ticker VMFXX) would currently earn about a 4.2 % 7-day SEC yield, only a hair below the best online HYSAs.  Moving the cash to an external HYSA is therefore optional rather than mandatory—choose whichever platform is more convenient. Tax side-effects – When you sell the stocks you realize only the gain, not the whole $17 k. Long-term gains on assets held more than a year are taxed at 0 %, 15 % or 20 % federally, depending on total taxable income; in 2025 the 15 % bracket starts at about $48 k of taxable income for single filers and $96 k for married filing jointly.  – California treats long-term gains as ordinary income, so add your state bracket (potentially up to 13.3 %). – Any money-market or HYSA interest you earn afterward is also taxable as ordinary income each year. You won’t write a check immediately. Capital-gains tax on 2025 sales is due in April 2026, though you may owe estimated payments if the gain is large relative to your withholding. Vanguard will send you a 1099-B for the sale and a 1099-DIV for any money-market interest. Putting it together If the purchase date is close and you would lose sleep over another equity sell-off, locking in today’s gains and moving to cash-like instruments is the financially conservative move. The cost is whatever tax you owe on the gain plus the lost possibility—not the guarantee—of further market upside. If the house timeframe is still four or five years out and you are comfortable with volatility, keeping at least part of the portfolio in equities or a balanced fund could be reasonable. A practical compromise is to de-risk gradually: harvest enough gains to cover the down-payment you’ll need in the next 12–24 months and leave the rest invested until the date becomes clearer. You can also use short-term Treasury-bill ETFs or Vanguard’s Treasury money-market fund inside the brokerage account if you want zero default risk with a yield similar to HYSAs.
I want to understand more about how taxes work on dividends. Let's say I buy some VOO or VTI and I get dividends but I choose to have it reinvested. I realize that I still have to pay taxes as if I kept the dividend money. At the end of the year my broker sends me a 1099-DIV right? Can I just pay the dividend taxes at the end of the year or do I need to make estimated quarterly payments?
You can close it when you want. They are required to give you all the tax papers. I worked at a bank, had bank accounts and investment accounts - closed/transferred everything, and they sent everything for my taxes (W2, 1099s, DIV, INT, etc...). It's required they do that when there is something to report (unless it's under $10).
If you were short the call and it was exercised early, and your shares were loaned out you get charged a dividend reversal. Basically when you sell a call that expires on ex dividend day, the value of the dividend is priced the premium. The person who bought the call can exercise it early to capture the dividend. They now own the shares before the ex-dividend date not you. You, as the option seller owe them the dividend. Let’s say you do a SPY calendar spread and sold a 597c dated 6/18 and bought a 597c dated 6/25. Someone could exercise the 6/18 597c right before close. Because 6/18 is ex DIV day and you don’t own the shares anymore, when the market reopens you will owe 1.70/share $170.
Be very careful not to get called on ex DIV day
Too much time finding a watchlist site that has what am looking for instead of 60%. When I can do google sheets and have custom columns to show for example, YTD, 1YR, 5YR, Industry/Sector, etc. Where as other sites have some info nested in a detailed page but not in an actual table spreadsheet that you can sort ascend/descend on. For example, which ones in one industry had the highest 5 YR gain and compare to the current YTD performance, while looking at if there is a DIV and what the amount is per year, along with PE/EPS in one master table to allow me to sort and filter. I went to Yahoo for example and didnt see a 1 yr or 5 YR columns.
I don't even know if your broker is required to give you a 1099-DIV if you've made that little.
I use freetaxUSA. I recall last year I only received a 1099 DIV and 1099 INT from fidelity. Will the calls be on a separate form? Appreciate your reply
Correct. SPAXX does produce a 1099-DIV, but it lists the total ordinary dividends and $0.00 qualified dividends, so you're getting taxed at your regular marginal rate and not at the lower dividend rates. Just like you would if you received a 1099-INT from a HYSA.
Do keep in mind that money market funds such as SPAXX (or FZFXX) are more tax efficient than savings account. 1099-DIV vs. 1099-INT.
UNH has like a 10 P/E with $100B quarterly revenue, and 2% DIV. About time for Big Buffett to swoop in and save the company. 
If it's "just a 1099" it might be a consolidated 1099. In which case, open it up and you will find a section that says 1099-B. You'll probably see others like 1099-DIV (dividends) and 1099-MISC.
1099-B and 1099-DIV show you what you must report. I’m sure she’s a nice person but I would go with someone who hasn’t been taking an RMD for 10 years
Is it possible to rotate capital around between monthly dividend stocks to maximize dividends work? Is there a reason something like the following profit or would wash sale rule or taxes or something mess it up?: DIV JEPQ (3rd-6th) 》SELL JEPQ (6th-10th) 》BUY GGN (10th-12th) 》DIV GGN (21st-24th) 》SELL GGN (24th-26th) 》 BUY JEPQ (26th-27th) 》》 RESTART SEQUENCE 》》DIV JEPQ (3rd-6th)
Exactly. How running that geriatric dementia patient (and then hanging him out to dry mid-course!) was ever supposed to work is beyond me. It was clearly intended to not work. (And yet fox files this under trump 'defying all odds' - give me a break. It would be nice if they'd stop blowing him for a second and swallow so they could utter an intelligible sentence.) I have a theory that Americans by- and large can't handle anything more than a binary option. The two-party illusion is one of them. Others being target vs. walmart, stoplight vs. roundabout, fox vs. cnn, love it vs. leave it, etc. If given an option, they will always opt for the command that requires the least thinking. Throw a third option into that and it messes everything up and they just walk around with #DIV/0! errors flashing through their brains. Well, moreso than usual, anyway.
- TD.TSX : 20% of Portfolio and a great dividend play - MFC : 11% of Portfolio, have done well here thus far - BMO : 9% of Portfolio, again, a good steady dividend driver - ENB 8% of Port: Have for the long hold and DIV - BN : 8 % of Port : have seen some great returns here - a bunch of others (OKLO, VPT, etc. that I'm getting slashed on). ....now this is where I need the help. I currently own 6% XEQT, 4% VFV (Bought more yesterday). and 7% VDY......does it make sense to hold all these funds for the long term, or should I just consolidate into one and keep it cleaner? Thinking VFV if anything?
According to my technical analysis #DIV/0!
Hah! Taking out the rest of that last sentence is a bit unfair. Shifting 5-10% of my portfolio to low PE / high DIV stocks is something I should have done a long time ago anyway. Considering the whole market plummeted, shifting some unsafe bets (read: not selling AAPL) towards safer assets that took a similar decline isn't what I'd call fickle - more like a wake up call to my strategy for the next 25 years.
What’s so important about not shorting calls near/in the money day before EX DIV?
How much interest did you earn 1099-INT + 1099-DIV in 2004? I mean yeah you paid $5k tax but if you’re still working it’s likely you are not withholding enough from your paycheck. Check your W-4 at work. You might need to make some adjustments to withhold more federal tax from your paychecks. For example I’m married filing jointly with 1 dependent, but if I put that in my W-4 then I will grossly under withhold for the year. The change you likely need to make is there, and not in your investments if you are comfortable with them.
Yeah I have been in the same boat many times nothing happens on the exercise side of RH until close to market open the next day - I’ve also messaged support and they were responsive and kind about - no worries. The only lesson here - MAKE SURE YOU DONT HAVE SHORT CALLS NEAR/ IN MONEY DAY BEFORE EX DIV. You’re fine here - you were assigned on puts
Short options can be assigned at any time, though generally it won't happen if they are OTM, but the more likely it will happen if they go ITM. Additionally if there is a DIV it also increases the chance it could happen due to arbitrage. The closer it get to exp the more likely it might happen . The main risk is on Exp Friday, esp if the spread is pinned between the strikes. In that case its better to buy the thing back and get rid of the risk entirely. I usually do that on the Thursday just to have peace of mind.
Coming to reddit for a non-bias opinion on anything is kind of a vain endeavor. Something to keep in mind is the almost universal truth of "if it's too good to be true, then it's too good to be true". Many of these super high dividend ETFs have very high expense ratios, which means the fund managers charge you more for the maintenance of those funds. Additionally, something to look at is what kind of companies these funds are investing in to actually attain the yields they are advertising (10-12% dividends). Companies that offer extremely high dividend yields often do so at the sacrifice of stock value. So while your investment may be returning something from dividends, you may lose money on your initial investment by losing stock value. In my opinion (and that is all it is), if they were a great and legitimate income source, then everyone would be buying them up. I once bought into DIV and SDIV because of promises of big dividends, but in the end, those ETFs lost so much value that it almost negated the dividends they were turning out. I dumped both of them in exchange for more stable income sources like bonds (VCLT) and money market funds.
Just buy MSTY instead and get the DIV bruh
It looks like from my 1099 DIV form it’s coming from mostly dividends …
You still need to fill out the appropriate tax forms, not just add numbers to your 1040. You should be sending in a filled out schedule D, 8949, etc. Think about any dividends you may have gotten, too. Those are not a loss. You should have gotten a 1099B and 1099DIV from your broker that helps spell this out.
Love to hear it. I’m in the US and working on my CPA, hoping to find something lucrative as well. Any favorite DIV stocks? And did you just have automatic buys to avoid getting sucked in to the stock market rollercoaster mind fck?
Pretty sure W-2s need to be January 31st. My typical 1099 DIV usually shows up second week of February.
You’re effectively taxed the same way with a money market fund as you would be with a HYSA. The broker will include the total ordinary dividends paid for the year on a 1099-DIV much like the HYSA bank would report total interest paid on a 1099-INT. Either adds to your taxable income at filing, and if significant enough/depending on the rest of your finances, possibly create a tax bill. The actual transactions of money going in/out of the money market are often are not even listed on the consolidated 1099 from the broker - looking at the 1099 for my CMA, it only lists the monthly dividend payments. Since the “buy” and the “sell” were both for $1/share, there isn’t a taxable event. Some additional reading that may be worthwhile: https://www.investopedia.com/terms/m/money-marketfund.asp https://www.investopedia.com/terms/b/breaking-the-buck.asp
That's absolutely false. Reinvest or not, the dividends are still income, will be reported on a 1099DIV, and you'll owe taxes on them.
That's a great story... The past five years... other than 2022 have been crazy. I'm up around 320% since then. Retirement also secured. Been selling for the past month and buying tbills, munis, HYSA, QYLD, SPYI, DIV and anything else that pays a solid divvy. I learned from 2022.
Don’t want very much risk ≠ putting everything into one stock instead of an etf like DIV
Have you looked at a KO chart lately? That being said, it’s back on my DIV radar anyway..
> i just started investing this year ... what will be different when I file my taxes coming up? You'll get a tax form you've never seen before! One, two, maybe three of them; and major brokerages will package them into one bundle called a **1099-COMP**osite. This form will have several sections: 1099-INT, for any interest you earned (cash, money market funds), 1099-DIV, for any dividends your holdings paid out, and 1099-**B**, which lists all the trades and the gains/losses associated with each. If you use tax prep software -- and if you don't, it might be time to start -- All Ya Gotta Do Is: enter the data from those forms into your software when prompted. ---- Now, it can get more complicated than that, but that's where you start. If you received company stock, or exercised options, there are other things to deal with, but if you can copy data from one form to another, you can do this. AND, letting your software guide you through the process will also expose you to what actually goes into "doing taxes". Pay attention to that, and I guarantee that you'll be a smarter person four months from now than you are today!!
Why Dominos over Papa Johns? 15B Market Cap vs 1B 1.3 Div vs 3.6 DIV 6800 US Locations vs 2700 I go to neither place but I do see both advertising and I will say papa johns using this young millenial tik tok pizza maker is better advertising than dominos, especially for the younger generations of new pizza consumers. To me papa johns just has better ingredients and better pizza. I'm buying Papa Johns today.
Switch your biggest losers to dividend stocks. Enbridge is good DIV is as well
The best advice is just quit options period. The only options you should ever afford yourself EVER is 1 year out on companies/etfs you KNOW are going nowhere and even then you would need to research the fuck out of it first. Your safest bet investment wise is just that: invest. You can't lose it all with stocks like you can with options. Honestly if you ever get yourself back to making 6 figures savings like you did TWICE then here is all you need to do: dump sizeable chunks of it into Dividend funds and REITs, period. I'm talking 60% into SCHD, DIV, or even JPST/BIL if you want something slow and absolutely risk free that you can pull out whenever, and the other 40% into VOO. That's all you had to do, TWICE in order to win and statistically even beat out options traders in longterm profitability and drawdown. In 10 years, tossing in roughly 300k from the sound of it, you would currently almost be at a mil easy due to compounding and growth. You have a gambling addiction. Addictions don't have to be constant, but their patterns still are. That's why so many of us don't see it and just treat it like "I can handle it better next time. It's just my emotions" no it's an issue with your brain chemistry and it's insidious. I would recommend possibly therapy or a support group. You are carrying a lot more on your shoulders than you are definitley letting on and giving yourself credit for, and you basically spilled your guts in this post. Seek help. Learn about bona-fide investing. Forget options exist unless you are looking at way far LEAPs, and then decide if you wouldn't rather own shares. Then buy shares. Buy dividend payers. Buy VOO. Also get a real broker. Fuck RH. It's only good for building up an IRA honestly and getting lucky, which usually doesn't happen and isn't proper trading. I hope you get something out of my response cause I kinda just rambled off what I want to tell myself 3 months ago before I lost all my profits after 3Xing my money after trying EVERY type of options trading strategies I could find. I had lots of oppurtunity where I could've 1000% my account multiple times and fumbled or straight up lost. And I can admit I have a problem. Admit you have a problem and take it from there OP. Good luck.
One thing not being mentioned here is AAPL’s drive to move to a net cash neutral position. It’s been ongoing for nearly 10 years. Buybacks and DIV’s are part of that.
But the share dollar will eventually run out whereas the DIV dollar won’t, right? So while the dollar is the same, there are perpetual dollars in retirement from DIV income but not capital income owing to a finite number of shares to sell. Is that right?
>n retirement then, DIV income > capital gains. Have I got that all wrong? Thanks for your time. Yes a dollar is a dollar , its fungible and it doesn't really matter how you got it, if you get the dollar from selling some stock or get a dollar from collecting a dividend its still a dollar. There is nothing special about the dollar you collected from dividends vs a dollar you got selling a stock. They are the same.
Can I ask you about the math/philosophy there as a layman? I would think selling shares is finite insofar as it’s proportional to number of shares held; whereas, taking DIV income is perpetual because you’re not selling but holding your shares. In retirement then, DIV income > capital gains. Have I got that all wrong? Thanks for your time.
Look at the 1099-DIV instructions. Specifically [Box 1a](https://www.irs.gov/instructions/i1099div#en_US_202401_publink1000278765) and [Box 2a](https://www.irs.gov/instructions/i1099div#en_US_202401_publink1000278768). In short, your broker should report it in a way that your tax software can handle it properly since Box 1a will include short-term capital gain distribution and Box 2a will only contain long term capital gains distributions. The website for the ETF specified that the distribution was for both short and long term capital gains in particular amounts.
Do you have any idea how BOXX's capital gains distributions are going to be recorded? Especially the short-term gains (the long-term gains go on the 1099-DIV)?
>This text is just to make my post longer no need to read. Apparently there is a minimum number of characters to post in this subreddit. I'm not sure how this weeds out any posts but makes it so post are just longer and more wordy? No, its to weed out simple questions that can be found via googling >I'm pretty new and just playing with stocks at this point. How do you keep track of dividends so you can see your actual total gain with a dividend stock vs a normal stock. Do you have to dust off ol excel? Using Robinhood maybe real platforms have a better way? Uh first you choose if you want re-invest dividends or not.. If not, then your dividends are given to you as a cash balance. If yes, then your dividends are re-invested, and you'll be able to see the dates, amount purchased, and cost/amount. Or you can just look at your 1099-DIV form given to you after each year.
20-30% with a consistent strategy outperforms the general market. Stop trying to hit it big. You're already winning. Just keep trucking and compound that shit. You only need like 450k to drop it on a high yielding stock like O, DIV, or SCHD to have a basic comfortable lifestyle just living off dividends anyway. Fuck you rushing for?
Not FA advice, but sure as hell better advice than whatever you're doing: Just dump it into VOO/VTI, O, and something like DIV instead and turn DRIP on. DCA as much from each paycheck as you can afford evenly between the 3. Stop being regarded and actually invest so you're not broke 10 years from now. I ran the numbers through a DRIP calc for you just to prove my point, investing fully into any one of these with 50k to start and an annual contribution of $12k ($1000 a month saving like how you mention in another comment) for a total of 10 years starting from this past Friday's closing prices. Stock appreciation and dividend growth is approximated at 3% which is typically the average growth that can be expected from a stable market. Highly conservative outlook: VOO/VTI: $50k > ~ $220.5k Annual Div payout: ~$3k O: $50k > ~$272.2k Annual Div payout: ~$14.3k DIV: $50k > ~$300.4k Annual div payout: ~$21.1k Equal weighted portfolio of VOO, O, & DIV: $50k > ~$261.5k Annual div payout: ~$60.4k (this calculation might be a bit vague/over-estimated since it assumes manually DRIP investing instead of each asset reinvesting its divs into itself, you are instead reinvesting divs equal weight into the port as a whole. If you time it right and buy dips, a more active approach, you could potentially outperform this calculation by quite a bit, or underperform if you buy before major downturns.) It's not half a mil, but it's a start and a hell of a lot more optimistic and thoughtful then YOLOing your remaining principal into the worst BTC ETF you could choose...
I am sure WEN will moon now that I just sold the $17 calls Not bad actually got paid .36 cents for Sep 20 calls. 1000 shares so pocket $360 plus I will hold through EX DIV date and get .25 dividend too
A DRIP account in a taxable brokerage still receives a 1099-DIV in which you are on the hook for the taxes. Just google it. You may just be getting less back in your tax return, but you are still paying taxes on your dividends IF they are in a taxable brokerage account.
No DIV means value to investor is relayed via buybacks and superior share appreciation from company reinvestment. Look into the reit IIPR for example if you’re bullish on cannabis industry. Buy and hold for securities is a widely preferred strategy, yes. Good stuff.
If it's a 1099-R, 1099-B, or 1099-DIV, those don't count. The specific sources need to be salary, wages, commissions, tips, bonuses, etc. Stuff you get from a day job.
You still don’t get it. If you are using TurboTax (you’ll need at least the Premium version), the easiest thing to do is import the data electronically - assuming your institution is supported (all of mine are). If you manually enter the data, you just enter the data from the 1099-DIV form. Nothing to calculate. It’s very similar to the 1099-INT form, which is used to report how much interest you earned. Usually, the financial institutions don’t withhold taxes for dividends and interest, unless you are subject to backup withholding or need to pay a foreign tax. The 1099-DIV includes all the data that TurboTax needs to prepare your taxes. Assuming you have a qualified dividend (the tax form has that information), your dividends will be taxed at either 0%, 15%, or 20%. The rate depends on your taxable income. If you are single with a taxable income between $44,626 - $492,300 in 2024, your dividends would be taxed at 15%. I have no idea what you mean in your last sentence. Erase it from your mind, since it it’s definitely wrong. Have you ever reported interest income on your taxes before? If so, look at an old tax return and see what you did. Reporting dividend income is very similar.
You still don’t get it. Earning a dividend and reinvesting it are two different transactions. Let’s start with a simplistic example. You earned some dividends and just left the proceeds in a sweep account earning 0% interest. On your statements, you will see an entry showing the date you earned the dividends, the dollar amount and number of shares. The latter is just for informational purposes. Early in the following year you would receive a 1099-DIV form showing the dollar amount you received in dividends. It’s similar to a 1099-INT form. Cost basis doesn’t apply to these earnings. If you buy more shares, using either new money or money earned from a dividend, it creates a “tax lot”. When you sell something, it’s broken down by these individual tax lots. You’ll probably receive a consolidated 1099 for these transactions. If you manually enter the data in your tax software, you might have to enter 81 transactions with lots of details including date purchased and sold (to calculate long/short term), cost basis, sales price, etc. If you have the ability to import the data into your tax software (TurboTax supports many institutions), I would do it that way. You could use “Various” for the dates when different tax lots are sold on the same day, but it’s more complicated to explain.
The dividends themselves were taxed in the year they were paid; you should have gotten a 1099-DIV each year (or a substitute statement with the same info) from your brokerage. When you sell, each individual share has a cost basis (basically, the purchase price) and the capital gain (or loss) is the difference between the sales price (which will be the same for all shares in your scenario) and the cost basis (which will be different for each share as they were bought at different times). For the shares bought via DRIP, the cost basis is the reinvestment price on the day the dividend was paid. Translation/summary: When you reinvest a dividend, you are receiving income (which is taxed) and then immediately using that income to buy something (additional shares). When you sell those shares, only the capital gain (their increase in value from when you bought them) is taxed, not the full amount.