Explore the intricate dynamics of fiscal policy, government spending, and taxation, and their profound impact on economic growth and stability. Understand how budget deficits and surpluses shape economic landscapes, with insights from Congressional Budget Office reports.
Explore the taxation of Original Issue Discount (OID) bonds, including the calculation of OID for zero-coupon bonds, and how the discount must be amortized over the bond's life as interest income.
Explore the intricacies of Market Discount Rules, focusing on the taxation of bonds purchased below their adjusted issue price. Learn how market discount is treated as ordinary income and discover practical examples and calculations.
Learn how interest income from various investments is taxed, including the differences between taxable and tax-exempt interest, and the impact of federal and state taxes.
Explore the intricacies of dividend income, including the differentiation between qualified and non-qualified dividends, their tax implications, and reporting requirements. Learn how mutual fund dividends are taxed and the impact of dividend reinvestment on tax obligations.
Explore the intricacies of capital gains and losses, including taxation, mutual fund distributions, and strategies for deductions and offsets. Essential knowledge for the Series 6 Exam.
Explore the different types of distributions mutual funds make to shareholders, including dividends, capital gains, and return of capital. Learn about the tax implications and reporting requirements for each distribution type.
Explore the various cost basis methods for mutual funds, including FIFO, Specific Identification, and Average Cost, to accurately determine capital gains or losses for tax purposes.
Explore the intricacies of government spending and taxation, key components of fiscal policy, and their impact on the economy. Understand these concepts for the Securities Industry Essentials (SIE) Exam.