Posted 5/20/2026 17:59 (#11652227 - in reply to #11652030) Subject: RE: NEOS Nasdaq-100(R) High Income ETF QQQI ??
NEIA
For tax purposes the dividend is classified as return of capital. Meaning they are returning back to you what you payed for it. No income tax is payed until you sell or your basis goes to zero. Then it is taxed as capital gains. Not a bad deal. Do a search it is explained better than I can.