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What is tax rate for ..Non dividend distribution ,same for section 199a dividends. ?
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June 10, 2020
12:30 PM
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Retirement tax questions
The tax rate is zero provided you have sufficient basis.
Nondividend distributions are a return of capital and not taxable; the distribution merely reduces your basis. To the extent the distribution exceeds your basis, you have capital gain (taxable at capital gain tax rates).
June 10, 2020
12:43 PM