What are the state taxes on dividends?
An example of an AI chatbot conversation about state taxes on dividends.
What are the state taxes on dividends?
State taxes on dividends vary by state. Some states tax dividends as regular income, while others may have different rates or exemptions.
Can you give me examples of states with high dividend taxes?
Sure! States like California and New York have higher tax rates on dividends, often treating them as ordinary income.
Are there any states that don't tax dividends?
Yes, states like Florida and Texas do not impose a state income tax, so they do not tax dividends.
How do I find out my state's specific tax rate on dividends?
You can check your state's department of revenue website or consult a tax professional for the most accurate information.
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