Tuesday, August 4, 2009

Are dividends from a credit union taxable as interest?

this question is referring to income tax.



Are dividends from a credit union taxable as interest?

Yes, you should get a form in the mail in January. Be sure to enter this on your tax forms. Unless you have a lot of money in the account, it will not effect your taxes.



Are dividends from a credit union taxable as interest?

Yes, but only if over a certain amount. I do not know the amount.



Are dividends from a credit union taxable as interest?

Yes a gain is a gain.



Are dividends from a credit union taxable as interest?

All dividends are taxable regardless of any amount of savings, all interest is taxable from the yield of the dividends.



Are dividends from a credit union taxable as interest?

Yes they are taxable.



Are dividends from a credit union taxable as interest?

Yes, you%26#039;ll probably receive a 1099-DIV just in time for taxes. :)

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