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Originally Posted by cbird01
I am a DRIP (Income) investor that focuses on high yield dividend stocks. I have them in a taxable account but want to start buying them in my ROTH. Are the dividends that I receive considered contributions? I can forsee a time when my dividends exceed my yearly contribution. What would happen then? What if I want to fund my ROTH for the year in one contribution, and then I receive dividends in the account before April 15th of the next year?
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Then you would count your blessings that the high yield dividend stocks you've chosen are doing well.
Nope, earnings don't count as contributions!