DianeW777
Expert Alumni

Investors & landlords

There is no alert on their site for any discrepancies on the statements issued.  You can use the link below to review the information for your fund or contact your financial advisor to review your activity. As noted by our Tax Champ @VolvoGirl the capital gains distributions are taxed at a lower rate.

  • The tax rate on most net capital gain is no higher than 15% for most individuals. Some or all net capital gain may be taxed at 0% if your taxable income is less than or equal to $40,400 for single or $80,800 for married filing jointly or qualifying widow(er). 

  • A capital gain rate of 15% applies if your taxable income is more than $40,400 but less than or equal to $445,850 for single; more than $80,800 but less than or equal to $501,600 for married filing jointly or qualifying widow(er); more than $54,100 but less than or equal to $473,750 for head of household or more than $40,400 but less than or equal to $250,800 for married filing separately.

    However, a net capital gain tax rate of 20% applies to the extent that your taxable income exceeds the thresholds set for the 15% capital gain rate.

Why are some distributions larger than others? (Per American Century Ultra)

 

The amount of a distribution can increase when the dividend payments or profits increase. A fund's capital gain distribution, however, is not necessarily a reflection of its overall performance. Because regulations regarding distributions are complex, you may want to consult a tax advisor about your circumstances.

 

American Century Investments® pays per-share distributions to shareholders invested on the fund's record day. On the Payable Date, each fund's share price is reduced by the amount of its distribution. If distributions are paid to your account, you will see them on your fourth quarter statement and for taxable accounts in taxable funds, on the IRS Form 1099-DIV you will receive.

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