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Can someone walk me through the process of what I need to do for taxes when I've received dividends on American stock.
I know they withhold taxes on the payout but I dont know how much. I am assuming that I will get some sort of statement from my investment company.
Looks like for the tax return you need to.state the full dividend and how much tax was taken. Currently I dont have this info.
Just trying to get ready for.tax return time.