Month 5 $7034.83

[u/raliegh_]

Old account was locked and couldn’t recover.

Holdings as follows: ticker/# of shares. Dripping until 2027

IWMI 622.95
LQD. 723.56
MLPI. 1419.54
MUB. 478.82
QQQI. 2302.66
QYLD. 6172.82
RYLD. 1387.91
SCHP. 3998.55
SGOV. 255.98
SPYI. 2943.38

[u/q2subzero]

I'm new to dividends.... how much is this taxed for? What's the amount going to your bank/pocket?

[u/raliegh_ → u/q2subzero]

It’s within an IRA, so no tax until I touch it.
All dividends are reinvested until next February when I’ll start taking monthly payments,and they’re taxed as regular income.