In the table below indicate how each of the key terms affects a mutual fund investment and
Question:
In the table below indicate how each of the key terms affects a mutual fund investment and how each would be taxed.
Key Term | Effect on a Mutual fund Investment | Type of Taxation |
Income dividends | ||
Capital gain distributions | ||
Capital gains |
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Income dividends are the earnings a fund pays to shareholders fro...View the full answer
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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