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Stock dividend Matt knows that cash dividends are taxable in general. But when he received stock dividend, he was wondering if the stock dividend is

Stock dividend Matt knows that cash dividends are taxable in general. But when he received stock dividend, he was wondering if the stock dividend is taxable, because he didnt really receive anything other than the stock certificate which only means a piece of paper. He wishes to consult with you on whether his stock dividend is taxable. How would you answer and what are the question(s) youmay ask Matt, if any, for your accurate and proper answer?

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