why would a mutual fund dstribute capital gains and dividends separately on a Dec. 18 statement?

0 ⤊

why would a mutual fund dstribute capital gains and dividends separately on a Dec. 18 statement?

This questions has to do with taxes and investments.

2006-06-06 03:27:01 · 2 answers · asked by ence21mar 1 in Business & Finance ➔ Investing

2 answers

It is solely for clarity in accounting. It could be done together, but then you would need to create a statement to separate the two so they could be accounted for correctly.

2006-06-06 06:29:22 · answer #1 · answered by OPM 7 · 0⤊ 0⤋

Dividends and Capital Gains are taxed separately.

2006-06-06 12:23:24 · answer #2 · answered by Ranto 7 · 0⤊ 0⤋