Fortress Financial Group fka FFGO

[PutYourWatchOn]

A stock dividend is taxable on your tax return when: (Also posted by another poster.) http://www.wwwebtax.com/income/dividends.htm


you can elect to take either stock or cash, and you take stock; Not the case here
there are two or more classes of common stock and one or more receive cash and others receive stock; Not the case here
preferred stock is distributed to some common stockholders and common stock to other common stockholders; Not the case here
the dividend is of convertible preferred stock and is paid to common stockholders; unless the dividend does not result in the creation of disproportionate stock interests; not the case here
the stock dividend can be redeemed immediately for cash; not the case here
certain stock dividends paid to holders of preferred stock. not the case here.