Fintor is an investing platform, so your tax obligations are similar to investing in stocks.

To start, you will invest your own after-tax dollars on Fintor. Any realized gains are treated as taxable income. Unrealized gains are not taxable. Keep in mind that both dividends and selling shares for a gain may be taxable events.

1) When you receive monthly income from dividends: these are generally taxable at your ordinary income tax rate.

2) If you sell your shares sooner than a year, then you will generally be taxable at your short term capital gains/ordinary income rate.

3) If you sell your shares after owning them for 12 months and 1 day, then you will generally be taxable at your long term capital gains tax rate.

Disclaimer: Fintor and its partners do not withhold income or capital gains taxes from your distributions; we always advise that you seek tax advice from a tax professional.