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QUESTION 26 Alissica owns 100 shares of JBL Mutual Fund. In December she received a check for $50, payment of ordinary income dividend distributions and
QUESTION 26 Alissica owns 100 shares of JBL Mutual Fund. In December she received a check for $50, payment of ordinary income dividend distributions and capital gains distributions. Alissica also noticed in her daily newspaper listings that JBL Mutual Fund is now worth $2 per share more than what she purchased it for at the beginning of the year. How much will Alissica's holdings in JBL Mutual Fund add to her taxable income for the year, assuming she decides NOT to sell the fund this year? a) $52.00 b) $48.50 c) $0.00 d) $50.00
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