Taxes on Dividends Explained - TurboTax Tax Tips Video

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from 2012 Tax Brackets . turbotax.intuit.com If you purchase stock in a corporation or invest in a mutual fund that periodically pays dividends, the payments you receive throughout the year can provide you with some extra income. Though you must always report the dividend income on your tax return—it doesn't always mean you will pay tax on it. Find out more about taxes on dividends with this helpful tax tips video from TurboTax.

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