Question: During 2 0 2 3 , Jack sold 5 0 0 shares of stock. On December 3 1 , 2 0 2 3 , he
During Jack sold shares of stock. On December he received a capital gain distribution of $ from his mutual fund. He owned his mutual fund shares since June How should Jack report the capital gain distribution on his tax return?
A
$ shortterm capital gain.
B
$
C
$ ordinary dividend.
D
$ longterm capital gain.
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