as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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are there any caveats to withdrawing funds from brokerage?
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assuming a usa taxable account: withdrawing funds from a brokerage account has nothing to do with taxes. taxes are owed on the profit when you sell a stock, no matter what you do with the funds. taxes are owed on any dividends the stock produces, no matter what you do with the dividend. the brokerage sends you a form 1099 each year that shows the amounts of dividends and profits. you have to figure out the taxes from that.
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