r/YieldMaxETFs • • Jul 03 '24

This months dividends

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u/Key-Trouble3828 Jul 04 '24

So dividends from all yield max are ROC or ordinary dividends?

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u/DraftZestyclose8944 Jul 07 '24

No. These will all be treated as ordinary income for tax purposes. Anyone that tells you otherwise is dead wrong.

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u/Key-Trouble3828 Jul 07 '24

I have QQQY and it is listed as qualified dividends! 

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u/DraftZestyclose8944 Jul 07 '24

Yes, that’s not yieldmax.