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Msg  3836 of 5931  at  8/6/2012 2:48:05 PM  by

Wiggling

The following message was updated on 8/6/2012 2:48:50 PM.

 In response to msg 3831 by  MBONO
ignore topicview thread,  thread start

Re: US Mart owners & IRA divy tax question - FIFO

You are completely right. This was an issue many of us (certainly me) spent a lot of time trying to get sorted. It is sorted. If your broker withholds 15% on DIVIDENDS not TRUST DISTRIBUTIONS in a retirement account, just shift those assets to someone who does not. 
 
I hold a lot of PSN and MMT at Interactive Brokers with ZERO withholding (at least on PSN since MMT hasn't paid a divi yet). 
 
The real remaining imbalance is the inability of US investors to trade Canadian options, while the reverse is possible. So we can't hedge as effectively.  
 
Wiggling 


 
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Replies
Msg # Subject Author Recs Date Posted
3837 Re: US Mart owners & IRA divy tax question - FIFO bass-piscator 8/6/2012 3:35:53 PM
3838 Re: US Mart owners & IRA divy tax question - FIFO Ronaldinho 8/6/2012 4:48:10 PM


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