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Oliver owns shares of a mutual fund. During the year, he received $ 2 , 2 0 0 in dividend distributions, $ 5 0 0
Oliver owns shares of a mutual fund. During the year, he received $ in dividend distributions, $ of which he immediately spent on travel and entertainment. He elected to use the remaining $ to purchase additional shares of the fund. What amount of Oliver's dividend income is subject to tax for that year?
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