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Drag each tile to the correct box.
Match each tax classification to the correct type of investment income.
taxable
tax deferred
tax exempt
funds distributed from a 529 plan that are used for college
capital gains in a brokerage account
interest earned on a traditional 401(k) account

Drag each tile to the correct box Match each tax classification to the correct type of investment income taxable tax deferred tax exempt funds distributed from class=

Respuesta :

panicathedicsophan03

Answer:

funds distributed from a 529 plan that are used for college ---> tax exempt

capital gains in a brokerage account ---> taxable

interest earned on a traditional 401 (k) account ---> tax deferred

Explanation:

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The question is about the various tax classification related to the investments incomes.

The correct answer are given below:

  • Funds distributed from a 529 plan that are used for college - Tax Exempt
  • Capital gains in a brokerage account - Taxable
  • Interest earned on a traditional 401(k) account - Tax Deferred

What is Taxable Investment ?

A taxable investment is one which is subject to government taxes. There are various types of investments which are classified for taxation.

An individual is liable to pay taxes on the gains earned by investing his income.

Learn more about taxes at https://brainly.com/question/14606197

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