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Question 3 (1 point) Listen In 2021, Mary and Jack Carter received a Form 1099-DIV from their Fidelity Investments mutual fund that reported ordinary
Question 3 (1 point) Listen In 2021, Mary and Jack Carter received a Form 1099-DIV from their Fidelity Investments mutual fund that reported ordinary and qualified dividends of $3,400 (Box 1a and 1b) and a capital gain distribution of $6,850 (Box 2a). In researching the tax treatment of this capital gain distribution using IRS Publication 550, Investment Income and Expenses, the proper reporting for this amount is: O Schedule 1, Other Income Schedule E, Line 8 Form 1040, Line 7 or if required, Schedule D, Line 13 Form 8949 and Schedule D
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