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How Are Interest & Dividends Taxed?

dividends TAXED
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How Are Interest & Dividends Taxed?

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A. You are taxed on interest or dividends paid or credited to you during the year. The amounts reportable on your tax return will usually be shown on Form 1099-INT or Form 1099-DIV you receive from the payer during the year. However, this income is reportable even if you did not receive such a document.

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