Both Realized and Unrealized Capital Gains from Mutual Fund Investments

question 96

True/False

Both realized and unrealized capital gains from mutual fund investments are currently taxable for individual income tax purposes.

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Definitions:

ECT

Electroconvulsive Therapy, a psychiatric treatment in which seizures are electrically induced in patients to provide relief from severe mental disorders.

Muscle Relaxants

Medications used to relieve muscle spasms and discomfort.

Oxygen

A chemical element vital to most forms of life on Earth, necessary for respiration and energy production in cells.

MAO Inhibitors

Medications that treat depression by preventing the breakdown of certain neurotransmitters in the brain.