S-corp - dividend taxes ?

[Sean H.]

What taxes are dividends subject to (not talking about wages i pay myself)?

I believe FICA is exempt? Is it just the dividend tax rate of 0/15/20%, or there any additional taxes this money is taxed?

For state, is it just the state income tax or is there a different rate as well?

[Ashish Acharya]

Originally posted by @Sean H.:

What taxes are dividends subject to (not talking about wages i pay myself)?

I believe FICA is exempt? Is it just the dividend tax rate of 0/15/20%, or there any additional taxes this money is taxed?

For state, is it just the state income tax or is there a different rate as well?

There is no dividend from S-corp. It's called distribution. Distribution is not taxed if you have a stock basis. 

You might be asking about the net income  (after you pay yourself). It is taxed at a normal ordinary income tax rate. You pay taxes on the net income, not the distribution. 

With the new tax law, net income will be taxed an extra 3.8%. This is very new and we all are trying to digest it.