*The Commerce Journal>>>United States Taxes

How do I report qualified dividends from a BVI IPC on a US tax return?

Same as if it was US sourced. You probably will need some type of proof that they are qualified dividends as defined in US tax law, however, since one country's definition of qualified dividends could differ vastly from the US definition.

Where are you holding the stock? If it's in a US brokerage account, you will still get a 1099-DIV even if it's a foreign stock.

Tags

　　Austin 　　Atlanta 　　Other - Business & Finance 　　Other Taxes 　　United States Taxes 　　United Kingdom Taxes 　　Spain Taxes 　　Singapore Taxes 　　Mexico Taxes 　　Ireland Taxes 　　India Taxes

Related information

Can I open a Roth IRA with money from a sold stock and not pay capital gains tax on the sold stock?

No. A Roth IRA is funded with after tax money. You have to pay tax on the capital gain. If you held the stock more than one year it is a long-term gain and the tax is low. If you held it one year o...

For the last 9 years. I haven't earned enough to pay taxes. Now, I do earn enough. Can I do tax averaging?

Even though you may not be required to file taxes, hopefully you did. Because if you want to get your tax withholdings return you have to file a return. You can only claim three years worth. Do ...

When does pokemoncrater return?

How is this a USA tax question?

...

Can I file income tax for my child even though hes on child support?

If your child is depending on you, is a dependent ... lives in your home, eats your groceries, uses your electricity, then yes, you claim the child as a dependent. Does the child support pay for...

If I donatd $25 to a 501(c) Charity, how do I deduct that from my taxes?do i need soemthing?

the above answer is the best answer, so my advice is to listen to that guy.

...

Can anyone give me a rough estimate on my tax return...?

A refund is the government returning your own money to you because you had too much withheld from your paychecks during the year. It is impossible to estimate your potential refund from the info...

How much money do you have to earn in a year to file for a return?

To file "for a return"? Are you asking about getting a refund? If you had more withheld for federal income tax than you owe, then you can file and get it refunded. Under some circumsta...

My mom won $5000 and I signed for it because she didnt have her ID?

If your mom has other income subject to tax, you are better off claiming the prize as yours. Your income including the prize is too low to have any tax liability. Your signing for the prize may...