Hey all,
Apologies if this has come up before but I couldn't find anything specific:
I have a bunch of vested shares acquired via an Employee Share Scheme in work sitting in a US Brokerage Account for the past number of years.
Being completely ignorant of investments and tax concerns in general until very recently I naively assumed all my tax liabilities were "taken care of" since nobody had actually approached me and stated otherwise.
So my question:
Thanks!
Apologies if this has come up before but I couldn't find anything specific:
I have a bunch of vested shares acquired via an Employee Share Scheme in work sitting in a US Brokerage Account for the past number of years.
Being completely ignorant of investments and tax concerns in general until very recently I naively assumed all my tax liabilities were "taken care of" since nobody had actually approached me and stated otherwise.
So my question:
- Am I liable for income tax on these automatically reinvested dividends even though the moneys never left the brokerage?
Thanks!