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I'm Tom Choisnet, enrolled agent and I was just working with a client about stock dividends
and this is a good time to tell you a little about stock dividends because particularly
if you have mutual funds you are going to see that they are broken into different categories
such as regular dividends, qualified dividends, and capital gain dividends. So let me tell
you a little bit about those, the stock dividend in the first column goes on your in the regular
place. The qualified dividends are taxed at a special way, at a discount as are also the
capital gains dividends. So make sure that when you are reporting them you separate them
on the tax return or make sure that you bring those 1099's to your tax professional should
you be using one. I hope that helped you, I have some other clips on some other issues;
please take a look at them. Thank you.