Oh man I have just had 20% deducted from the dividend for foreign tax paid. This was previously 10%.
I could not figure out how much per share I got for the dividend of last year, so I could not figure out the foreign tax rate. Can anyone kindly tell me the dividend per shar?
I got $3175 for my 975 shares, but paid $655 for foreign tax. Do i still need to pay income tax?
Gordoncui, if the shares are not in an IRA, then you can deduct the $655. from your 2013, income taxes. Sorry. I can't remember the number of the tax form. If the stock are held in an IRA Account. You are not able to deduct the foreign.