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Impac Mortgage Holdings Inc. Message Board

woodstock30188 1 post  |  Last Activity: Mar 15, 2016 2:05 PM Member since: Aug 31, 2005
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    2015 Distribution Tax Treatment

    by calwp Mar 8, 2016 4:56 PM
    woodstock30188 woodstock30188 Mar 15, 2016 2:05 PM Flag

    The LAST thing I want to do is calculate depreciation....what a nightmare. I had a royalty trust and sold the stupid thing because I hated the hours spent on the tax return for very little advantage. As dividend tax rates go up, well, that might change my mind, but I love just placing it on one line on tax return and not having to go through a couple of brain-teaser worksheets of IF, THEN, ELSE #$%$.

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