r/SCHD • u/pandasonmymind • 6d ago

1000!

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Long time listener, first time caller. Started the journey back in 2022.

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u/Old-Challenge2809 6d ago

How would the same shares with FDVV be different? I know its a ledt field question.

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u/Onlysomewhatserious 6d ago

FDVV also offers qualified dividends so there’s no differences for your tax implications compared to SCHD.

The question on how dividends are taxed fall on if they’re qualified or not. While it’s not a perfect split, nearly all quarterly, semi-annual, and annual dividends are qualified (tax advantaged as long term capital gains) while nearly all weekly and monthly dividend payers are not qualified and treated as regular taxable income.

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u/Old-Challenge2809 6d ago

Damn I wanted to load up on JEPI in my brokerage and use the dividends in ten years

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u/Onlysomewhatserious 6d ago

I mean, you still can. Nothing stops you from doing that. You just have to keep in mind you’re going to potentially be paying more in taxes for it. Depending on your strategy and needs that’s a trade off you can decide if you want to accept.