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Old 07-21-2008, 01:18 PM
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How are Dividends taxed in 2008?

For your information, "The Jobs and Growth Tax Relief Reconciliation Act of 2003," passed by Congress lowered the tax on individuals receiving qualified dividends to 15% (5% if they are in the 10% or 15% regular tax bracket).

A point to note is that "dividends" are still considered ordinary income and cannot be offset against net capital losses.
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