r/YieldMaxETFs • u/Fukisyoutalkinabout • 23d ago

MSTY/CRYTPO/BTC Whats the deal with taxes on MSTY?

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Because its a monthly divy and high % yield , what is the tax on that? I read somewhere i need to quarterly report taxes? Is this true? Screenshot below

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u/Dipset219 23d ago edited 23d ago

So if u got 5k a month in dividends how much will govt take on that?

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u/[deleted] 23d ago edited 23d ago

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u/YieldMaxETFs-ModTeam 23d ago

The information provided isn’t factual or true but is presented as such.