The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/a-closed-end-fund-exchange-traded-fund-or-etfis-23076334.aspx

Subject:  Re: Closed End Funds Date:  9/24/2005  8:53 PM
Author:  Wradical Number:  80836 of 121332

A closed-end fund (exchange-traded fund, or ETF)is subject to the same rules as an open-end fund (the majority of mutual funds), to be treated as a regulated investment company (which is the tax code's name for mutual funds).

I don't know why Turbo Tax would care, or want to group them separately.

Bill
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us