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#2
03-03-2009, 04:19 AM
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 Re: how to determine if foreign dividend is qualified On Mar 2, 8:46 pm, "hr(bob) hofm...[at]att.net" <hrhofm...[at]att.netwrote: - quote - > > If you are asking about Sasol LTd (listed as SSL on the NYSE),
No luck with Pink Sheets?> > then you have a qualified dividend. Sec. 1(h)(11)(C)(ii) - quote - > How was the income reprted to you. I think I got a 1099Misc that
The account is held in the foreign country. There is no 1099-MISC.> showed certain dividends as qualified. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#1
03-03-2009, 03:46 AM
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| Re: how to determine if foreign dividend is qualified On Mar 2, 6:05*pm, Alan <sfcnm-...[at]yahoo.com> wrote: - quote - > removeps-gro...[at]yahoo.com wrote:
How was the income reprted to you. I think I got a 1099Misc that> > How does one determine if a foreign dividend is qualified? *I did read > > http://www4.law.cornell.edu/uscode/u...00000001----00... > > but it seems confusing. > > If the stock trades on a major US exchange, such as Sasol -- SOL on > > the JSE in South Africa, SSL on the NYSE -- is it qualified? > > What about stocks that trade on the pink sheets, such as Firstrand -- > > FSR on the JSE, FANDF on the Pink Sheets? > If you are asking about Sasol LTd (listed as SSL on the NYSE), > then you have a qualified dividend. Sec. 1(h)(11)(C)(ii) showed certain dividends as qualified. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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03-02-2009, 11:05 PM
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| Re: how to determine if foreign dividend is qualified removeps-groups[at]yahoo.com wrote: - quote - > How does one determine if a foreign dividend is qualified? I did read
then you have a qualified dividend. Sec. 1(h)(11)(C)(ii)> http://www4.law.cornell.edu/uscode/u...0-.html#h_11_C > but it seems confusing. > If the stock trades on a major US exchange, such as Sasol -- SOL on > the JSE in South Africa, SSL on the NYSE -- is it qualified? > What about stocks that trade on the pink sheets, such as Firstrand -- > FSR on the JSE, FANDF on the Pink Sheets? If you are asking about Sasol LTd (listed as SSL on the NYSE), -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
03-02-2009, 10:44 PM
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| how to determine if foreign dividend is qualified How does one determine if a foreign dividend is qualified? I did read http://www4.law.cornell.edu/uscode/u...0-.html#h_11_C but it seems confusing. If the stock trades on a major US exchange, such as Sasol -- SOL on the JSE in South Africa, SSL on the NYSE -- is it qualified? What about stocks that trade on the pink sheets, such as Firstrand -- FSR on the JSE, FANDF on the Pink Sheets? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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