Im going to start investing into vt and chill in a roth ira maybe $2500 for the year, I want to reinvest the dividends not be paid out, does this typically slam you during tax time?
with that said my daughter (18 yo) also is following this strategy she works a little part time job at a grocery story will she get screwed and owe alot during taxes?
I do not know much about taxes on dividends and how much it affects each individual, any help is appreciated