Hello,
I am working to gain more knowledge on the tax consequences before I commit to investing in a brokerage account/in stocks.
My question is if I invest in stocks and dividends are re-invested, what are the tax implications? If I receive a 1099-MISC for the dividends/profits, but I do not receive them in cash and re-invest then, are the profits reported on the 1099 included in taxable income?
Thank you!
