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Level 1
June 6, 2019
Solved

What can I do to have my broker withhold Federal Income taxes from dividends I receive?

  • June 6, 2019
  • 1 reply
  • 2 views
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Best answer by rjs

You have to ask your broker that question. It's unusual to have tax withheld from dividends. If the broker can't or won't do it, you could make quarterly estimated tax payments to cover the tax on the dividends, or have more tax withheld from your pay or some other income source.

1 reply

rjs
Level 15
rjsLevel 15Answer
Level 15
June 6, 2019

You have to ask your broker that question. It's unusual to have tax withheld from dividends. If the broker can't or won't do it, you could make quarterly estimated tax payments to cover the tax on the dividends, or have more tax withheld from your pay or some other income source.