Series 6 - Investment Company And Variable Contracts Products Representative Exam

Preview Mode

Dividends are taxable if:

They are taken in cash only
A
They are taken in cash and they are reinvested in the fund
B
They are taken in cash, they are reinvested in the fund and they are considered capital gains
C
They are never taxable only
D

Explanations

Dividends are taxable whether they are taken in cash or reinvested in the fund.

Pricing