Making your mutual funds less taxing
Article Abstract:
Individuals who want to acquire huge tax benefits from owning mutual funds may do so by choosing funds that generate less dividend income. It would also be wise to purchase mutual funds before the ex-dividend period so as to prevent additional tax charges arising from capital gains.
Publication Name: New Choices: Living Even Better After 50
Subject: Seniors
ISSN: 1085-1003
Year: 1998
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These new rules could be great for your estate
Article Abstract:
The Taxpayer Relief Act approved in 1997 may reduce or eliminate the charges that the Internal Revenue Service imposes on estates. The federal estate-tax exemption, meanwhile, is being increased in steps to $1 mil, with $625,000 for 1998.
Publication Name: New Choices: Living Even Better After 50
Subject: Seniors
ISSN: 1085-1003
Year: 1998
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Finding hidden tax breaks
Article Abstract:
Ways in which tax liabilities can be minimized are discussed. They include carefully checking the various kinds of profits listed on the 1099 forms issued by mutual funds.
Publication Name: New Choices: Living Even Better After 50
Subject: Seniors
ISSN: 1085-1003
Year: 2000
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