It is my understanding that, at a high level, qualified dividends are taxed at a flat 15% rate for the average Joe, because the company paying the dividend has already paid taxes, which are currently 21% at a corporate level. Non-qualified dividends, like those found in REITs, are taxed at the earned income tax rate (in my case 22%), often due to the fact that the trust does not pay corporate income tax.
Any clarification of the above would be appreciated. Assuming that this is broadly true, would it then not be advantageous to go a little more real estate heavy in your tax advantaged accounts and a little less so in a standard brokerage account?
Submitted October 14, 2019 at 11:20PM by Zaxthran https://ift.tt/2oJHQJ9
