Question
What is the federal tax treatment of capital gain distributions reported on Form 1099-DIV, Dividends and Distributions? Capital gain distributions are: a. Always tax-exempt. b.
What is the federal tax treatment of capital gain distributions reported on Form 1099-DIV, Dividends and Distributions? Capital gain distributions are: a. Always tax-exempt.
b. Taxed as ordinary income. T
c. reated as long-term capital gains.
d. Treated as short-term capital gains.
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Accounting Information Systems
Authors: Ulric Gelinas, Richard Dull, Patrick Wheeler
10th Edition
113393594X, 9781133935940
