DIVIDENDS AND TAX
Tax hassles with dividend reinvestment plans?
What's the deal with DRPs and tax problems? I've heard that it causes tax headaches, but can anyone please tell me why? I'm investing in VDHG and plan for a long investing horizon; when I finally go to sell, will I need to find every VDHG statement I've ever received, like some other commenters have suggested. I want my investments to build as quickly as possibe over the next couple of decades, so a dividend reinvestment plan makes sense (alongside my regular investments). If I set up a DRP, how can I avoid the maximum amount of tax paperwork when it comes time to sell?
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5 May 2025
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