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Return to income

Shares Bought Through Reinvestment

When you open a mutual-fund account, you can receive dividends as cash or have them reinvested. You can also do this with stocks in either of these:

  • Dividend-reinvestment program
  • Employee stock-purchase plan

Most people reinvest their dividends, which buys more shares. However, when you buy shares through reinvestment, it's like you received the cash and immediately bought more shares. You must keep track of the basis of each share when you buy them -- whether directly or through reinvestment.

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Calculators

So how much will you get (or owe) this year? That’s the million-dollar question. We happen to have three very useful calculators to help you estimate your refund or balance due.

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