Tuesday, March 4, 2014

Dividend Stream

10:40 AM



Question:

Is there a way to create another post retirement income stream of dividends from a holding company and are they treated as eligible or non-eligible for tax purposes?

Answer:

There is only one stream of dividends and they are taxed as eligible dividends. Other temporary streams of income can be entered on the 'Other Income' tab on the Finances page.

They are taxed as regular income, so you may have to modify the value to reflect their different tax status if they are non-eligible dividends.

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