Mutual Funds

Mutual Funds Terminology

Any distribution of money your client receives from a mutual fund is usually a capital gain distribution, an exempt interest dividend, nontaxable return of capital, or an ordinary dividend. Learn what each term means and what it may mean to your clients tax bill!

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Tax Treatment of Mutual Funds

A mutual fund is in essence a way for investors to pool their money together for investment purposes. Although one can make deposits as well as withdrawals from a mutual fund, it is a mistake to look at it as a glorified bank account.

Figuring Out Your Client's Capital Gains on Stock Sales

There are three methods available to you for investors when it comes time to figure out their capital gains for stock and mutual funds come tax season. The better their record keeping, the better off they will be!

Does Your Client Still have to File Schedule D?

No one likes to fill out any extra paperwork when it comes to taxes. There is a way for some investors to get out of having to fill out that 54 page Schedule D. But does your client qualify?