Question
What is the federal tax treatment of capital gain distributions reported on Form 1099-DIV, Dividends and Distributions ? Capital gain distributions are: Always tax-exempt. Taxed
What is the federal tax treatment of capital gain distributions reported on Form 1099-DIV, Dividends and Distributions? Capital gain distributions are:
Always tax-exempt.
Taxed as ordinary income.
Treated as long-term capital gains.
Treated as short-term capital gains.
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Managerial Accounting
Authors: Peter Clarke
2nd Edition
9781907214240
