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Ronnie owns 600 shares of a stock mutual fund. This year he received dividend distributions of 57 stock mutual fund shares ?($49 per? share) and?
Ronnie owns 600 shares of a stock mutual fund. This year he received dividend distributions of 57 stock mutual fund shares ?($49 per? share) and? long-term capital gain distributions of 48 stock mutual fund shares? (also ?$49 per? share). What are the tax consequences of? Ronnie's stock mutual fund ownership if he is in a 25 ?% marginal tax? bracket?
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