Living Off Dividends & Paying $0 Taxes 🔥
Key point is "qualified" dividends... vs "non-qualified".
What makes a dividend qualified or non-qualified?
Agreed, the majority of my dividend income is non-qualified. Critical point you make.
This is why the rich play a different game.
The tax code clearly rewards investors over employees.
Any way to reduce withholding tax on dividends for non-US residents?
I’ll try to discuss in the future!
So even if you make a salary of say $150k you can still not pay taxes on dividends up to the threshold in the chart?
Would love to know more about withholding taxes for dividends from US companies from non US residents, depending on the agreements with certain countries e.g switzerland you could claim some of it back but not all would love to know more!
Easy answer is buying growth stocks only.
Depends. Still capital gains tax for growth stocks.
But no dividend tax like you referred in the beginning 😉😁
Working with a client on this now! Love this breakdown.
Awesome! And thank you!
Was going to say the same. Nice to know, but that is not something an average Joe can do.
Key point is "qualified" dividends... vs "non-qualified".
What makes a dividend qualified or non-qualified?
Agreed, the majority of my dividend income is non-qualified. Critical point you make.
This is why the rich play a different game.
The tax code clearly rewards investors over employees.
Any way to reduce withholding tax on dividends for non-US residents?
I’ll try to discuss in the future!
So even if you make a salary of say $150k you can still not pay taxes on dividends up to the threshold in the chart?
Would love to know more about withholding taxes for dividends from US companies from non US residents, depending on the agreements with certain countries e.g switzerland you could claim some of it back but not all would love to know more!
Easy answer is buying growth stocks only.
Depends. Still capital gains tax for growth stocks.
But no dividend tax like you referred in the beginning 😉😁
Working with a client on this now! Love this breakdown.
Awesome! And thank you!
Was going to say the same. Nice to know, but that is not something an average Joe can do.