We can observe only a portion of the entire universe. Because the universe is only about 14 billion years old, light has only had about 14 billion years to travel through it. Therefore, the most distant regions of the universe we can see are about 14 billion light-years away. This is the extent of the observable universe, but the entire universe is probably much larger.
According to the Internal Revenue Service, any interest you receive, or that is credited to an account and is available for withdrawal, is taxable in the year you receive it. This money is included in your annual income when you file your taxes, making the tax rate on interest equal to your normal income tax rate.
What is taxable on a dividend depends on the type of dividend you receive. You must report a dividend on your tax return if you can choose to accept either stock or cash and you take the stock. If the dividend can be redeemed for cash immediately, it is taxable.Ordinary dividends, usually received from a corporation or mutual fund, are taxable as ordinary income for you.f there is enough profit left over to pay out dividends to shareholders, the distributions are taxed again to the individual stockholders at their regular tax rates. A C corporation can be taxed at rates as high as 39 percent, as of 2011.