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Pat is in the 1 5 % dividends and capital gains taxes and 3 5 % ordinary income taxes. Four years ago an exchange -
Pat is in the dividends and capital gains taxes and ordinary income taxes. Four years ago an exchangetraded fund ETF was setup with million shares of stocks at an average price of $ a share. The ETF issued million shares. None of the original shares have been sold or redeemed. In March, Pat purchased shares at $ a share and sold them in October for $ a share. What are the taxes on this transaction? Round the answer to two decimal places. Answer:
Pat is in the dividends and capital gains taxes and ordinary income taxes. Four years ago an exchangetraded fund ETF was setup with million shares of stocks at an average price of $ a share. The ETF issued million shares. None of the original shares have been sold or redeemed. In March, Pat purchased shares at $ a share and sold them in October for $ a share. What are the taxes on this transaction?
Round the answer to two decimal places.
Answer:
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