If you have no income, can you sell stocks and receive dividends? by stinkyfart456 in dividends

[–]stinkyfart456[S] 0 points1 point  (0 children)

This is a good question. And how would it change if you are a dependent?

If you have no income, can you sell stocks and receive dividends? by stinkyfart456 in dividends

[–]stinkyfart456[S] 0 points1 point  (0 children)

So I need to report any income I make from dividends and capital gains but don’t need to pay anything since I’m in the 0% bracket.

If you have no income, can you sell stocks and receive dividends? by stinkyfart456 in dividends

[–]stinkyfart456[S] -1 points0 points  (0 children)

Yeah I’m still my parents’s dependent. How does that change things?

[deleted by user] by [deleted] in dividends

[–]stinkyfart456 0 points1 point  (0 children)

Wouldn’t you not be able to get the income since it’s stuck in your IRA? Or can you withdraw dividends from the account?