The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Why Not Take Gains in UTMA? Date:  2/8/2013  10:09 AM
Author:  irasmilo Number:  117690 of 124779

I didn't mention, we have a portion of her funds in a total bond index fund. Would the monthly proceeds from the bond fund be considered interest or qualified dividends?

I would think you want door #3. They are ordinary dividends.

Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us