Home → Investments →

witholding tax on dividend

• Edit

melfew

21 Jul, 2017 02:41 PM

How do you enter a dividend and with holding tax and a dividend reinvestment in a transaction
eg
Gross Dividend $108.00
withholding tax $42.75
Dividend re investment 2 shares @65.00
remaining cash 0.25

1. 1 Posted by dwg on 21 Jul, 2017 10:32 PM

   

   One way is to enter it as a series of transactions

   1. Dividend transaction of $108
      
   2. A Xfer transaction of - $42.75 with an account/category of "With holding Tax"
      
   3. A buy transaction for the 2 shares

   That should leave your 25 cents

   • Edit

2. 2 Posted by melfew on 22 Jul, 2017 07:38 PM

   

   Thanks. It worked

   Regards

   • Edit

3. System closed this discussion on 21 Oct, 2017 07:40 PM.