Quote:
Originally Posted by Build.It
Okay, so if you have a stock portfolio that shot up to $5M but doesn't pay any dividends, and you don't have any notable income, how are you supposed to pay the tax without being forced to sell?
|
It is all paper gains. It gets taxed when you convert your paper gains to useable money (dividends, capital gains, etc.). Now why we tax capital gains and dividends less than income is a good question to ask.
Threaded Mode