Both capital gains and dividend income from mutual funds are taxable in the year in which they are earned unless the mutual fund is held in a tax-sheltered plan.

Question

Quizplus · Accepted Answer

Both capital gains and dividend income from mutual funds are taxable in the year in which they are earned, unless the mutual fund is held in a tax-sheltered plan like an IRA or 401(k).

Both Capital Gains and Dividend Income from Mutual Funds Are