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Business, 05.05.2020 07:28 Ramone7415

Ronnie owns 600 shares of a stock mutual fund. This year he received dividend distributions of 63 stock mutual fund shares ($19 per share) and long-term capital gain distributions of 46 stock mutual fund shares (also $19 per share). What are the tax consequences of Ronnie's stock mutual fund ownership if he is in a 24% marginal tax bracket?

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