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US Based Dividends - Tax Liability on Reinvested Dividends

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  • 27-01-2018 6:59pm
    #1
    ronivek
    Registered Users Posts: 1,916 ✭✭✭


    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:
    1. Am I liable for income tax on these automatically reinvested dividends even though the moneys never left the brokerage?

    Thanks!
    Tagged:


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    #2
    L.Jenkins
    Moderators, Computer Games Moderators, Technology & Internet Moderators Posts: 19,240 Mod ✭✭✭✭L.Jenkins


    I know of an Accountant that deals with US taxation and investments if you want me to pass on their details.


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