Tax information for mutual funds is reported as part of the year-end statement or IRS Form 1099-DIV.

Question

Quizplus · Accepted Answer

Tax information for mutual funds is indeed reported as part of the year-end statement or IRS Form 1099-DIV. This form reports dividend and capital gains distributions, as well as any foreign taxes paid by the mutual fund. Investors can use this information to calculate their taxes owed on their mutual fund investments.

Tax Information for Mutual Funds Is Reported as Part of the Year-End