Tax liability for Mutual Funds & ETF investments

Here is some help for the individuals who are struggling to find their tax liabilities about the profits which they earned through investments in Mutual Funds and Exchange Traded Funds (ETF).

Related: Should you trust your fund manager? & An example of how ETF works

Wall street Journal, the online version, has come out with a useful set of questions presented in the form of a quiz, which will help any individual to assess simple conditions about the tax liabilities as well as the general knowledge and regulations about mutual funds and exchange traded fund of ETF.
In this quiz, you can find question like: How can you avoid a fund that's about to get slammed by Uncle Sam? Are there significant differences in how the tax man will treat you in an ETF or a mutual fund?

Following the questions, you also get a detailed answer explaining the things. You may take the quiz on Wall Street Journal Website by clicking here

Nice and helpful article by WSJ. All the best for the quiz!

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