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Business, 04.02.2020 05:45 jblac

Elsie received the following distributions from virginiana mutual fund for the calendar year 2019: ordinary dividends (nonqualifying) $250 capital gain distributions $170 nontaxable distributions $80 elmer, elsie's husband, did not own any of the virginiana mutual fund shares, but he did receive $1,600 in interest on a savings account at the moss national bank. elmer and elsie filed a joint income tax return for 2019. what portion of the distributions from virginiana mutual fund is taxable as ordinary income on their 2019 individual income tax return?

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Elsie received the following distributions from virginiana mutual fund for the calendar year 2019:...
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