)The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
dblegl
»
Comments
» Single Comment
| 
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Those with the largestSee all
increase in followers
in the last week
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
As I understand it if you buy them in a regular trading account you will have Canada deduct 15% of dividends paid but get credit for the deduction when you complete your USA tax return. If you buy them in an IRA, Canada still deducts their 15% and you can never get the credit on your US tax return. When you eventually draw on your IRA you pay Uncle Sam at your tax rate. The only advantage in an IRA is that you defer the US taxes until you ultimately take a distribution. Its your call depending on where your buying funds are located. I personally buy them in an IRA as it may be 5 years before I take a distribution.
Apr 28 16:38 pm
|Rating:
0
0
All Comments by dblegl »8 High-Yielding Stocks for Income Investors [View article]
On Apr 16 12:54 PM User 179157 wrote:
> Sorry but I'm still confused with the tax issue. Should I buy them
> for my regular trading account or the IRA. I'm leaning towards PWE,
> ERF and HTE.