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If your only income is qualified dividends you can make about $90,000/year and pay zero taxes.
by chrismealy 9y ago
If your only income is qualified dividends you can make about $90,000/year and pay zero taxes.
- mi100hael 9y agoIf you're making $90k a year in qualified dividends, you're almost guaranteed to be pulling a good chunk of change in other forms of income as well.
- ReallyAnonymous 9y agoMy parents saved their whole lives and now make about $100,000 / year in qualified dividends - They pay about 6K in federal taxes with all that income. My dad bought pcg_pe for $12 / share when they went into bankruptcy protection bc Enron/etc. When they came out of bankruptcy they had to back pay him all the missed dividends and now continue to pay $1.75/share/year. For his cost basis, its 15% return yearly. Not too shabby.