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TRUE/FALSE. mutual funds that receive dividends and capital gains must distribute these to investors in the same year.

User PrvN
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5 votes

Answer: True

Step-by-step explanation:

I remember learning that the mutual funds that received any dividends on their holdings must distribute these to investors in the same year. And these distributions are taxable income even if the money is reinvested in shares in the fund.

User Rimes
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