Investment Income, Interest, and Dividends Question 31 of 75. If a taxpayer elec

Question

Investment Income, Interest, and Dividends Question 31 of 75. If a taxpayer elects to reinvest dividend income from a mutual fund investment, the dividends are: O Automatically taxed at a lower capital gains tax rate O Treated as normal dividends and taxable in the year received. O Not taxable until the fund is sold O Not taxable until they are withdrawn from the fund Mark for follow up Question 32 of 75. For individuals in the 10% and 15% brackets in 2017, the income from qualified dividends will be taxed at:

Explanation / Answer

if a taxpayer elects to reinvest dividend income from a mutual fund investment, the dividends are treated as normal dividends and taxable in the year received. Option B is correct

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