TAXES-INTEREST VS DIVIDEND WHICH IS TAXED AT LOWER RATE?

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TAXES-INTEREST VS DIVIDEND WHICH IS TAXED AT LOWER RATE?

Niicss

Posted on: 03rd Jan, 2009 05:35 pm

WHICH IS TAXED LOWER BY IRS, INTEREST OR DIVIDEND INCOME?

INTEREST INCOME FROM A BANK, SAVINGS, BONDS, MONEY MARKET ACCOUNT OR MORTGAGE LOAN OR FROM ANY LOANS MADE AS A LENDER/MORTGAGOR??

DIVIDENT INCOME FROM STOCKS, MUTUAL FUNDS, ETF??

Total Reply : 1

Hi ANGELC

As far as I know, you will get a higher rate in mortgages as compared to savings. Interest rates on savings is lesser than mortgages.

Niicss

Posted on: 05th Jan, 2009 01:52 am

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