“Generally these should just be rolled over into the account. Taxes are normally only paid when a check is sent to you and not reinvested.”
I believe taxes on the dividends are due once they are declared even though they are reinvested in the account.
yes, ole spunkets may be getting a little knock on the door from the IRS soon
#jackbootedthugs
#atthepointofagun
This only applies to a 401K and there's no point in distinguishing what part is dividend for tax purposes in that event. Otherwise tax is due in the year the check is recieved.