Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site uwmacc.UUCP Path: utzoo!linus!philabs!cmcl2!harvard!seismo!uwvax!uwmacc!jwp 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