Series 66: 5.1.2.2. Taxation Of Mutual Funds

5.1.2.2. Taxation of Mutual Funds

Mutual funds generally pay out a combination of capital gains, interest income, and dividend income each year. Here is some important general information to remember about mutual fund distributions:

• A mutual fund will specify how much of each type of earnings (short-term gains, long-term gains, dividends, etc.) each investor received, even if those amounts are immediately reinves