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From: jwp@uwmacc.UUCP (Jeffrey W Percival)
Newsgroups: net.invest
Subject: Mutual fund taxation
Message-ID: <1599@uwmacc.UUCP>
Date: Mon, 28-Oct-85 22:08:49 EST
Article-I.D.: uwmacc.1599
Posted: Mon Oct 28 22:08:49 1985
Date-Received: Fri, 1-Nov-85 00:40:38 EST
Distribution: net
Organization: UWisconsin-Madison Academic Comp Center
Lines: 17


I just recently got into two funds, my first ever.  I don't
know what sort of information they provide at tax time.  How much
help are the end of year statements in filing tax returns?  Is it
really true that stock market mutual fund earnings do not qualify
for the $200 (?) dividend deduction?  I was hoping they would;
my Andrew Tobias book recommends that I get enough low-risk
stock to take advantage of the full value of this deduction.  Will
I have to go out and buy real stock shares, from an authentic
broker (gasp!) in order to do this?  Are there any other subtleties
to keep in mind when dealing with mutual funds?  Or stockbrokers?

	Thanks for any info!
	Jeff (a fledgling investor)

-- 
	Jeff Percival ...!uwvax!uwmacc!jwp