I'm wondering if I have to pay taxes on fractional shares. I've been investing in them recently and want to make sure I'm handling my taxes correctly.
6 answers
Elena
Fri Dec 20 2024
Fractional shares follow the same taxation rules as traditional stocks.
Giulia
Fri Dec 20 2024
This applies regardless of whether the shares were held for a short or long period.
Eleonora
Fri Dec 20 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to investors' needs.
MysticStorm
Fri Dec 20 2024
When held in an unregistered account, dividends received from fractional shares are taxed annually.
Eleonora
Fri Dec 20 2024
This means that investors must report and pay taxes on the dividends they receive each year.