Archive for the ‘Other - Taxes’ Category

how to pay taxes on stocks and mutual funds?

Sunday, May 4th, 2008
Mike R asked:


I have mutual fund dividends and i sold a few stocks which I have less than one year. I did not cash in any of the mutual funds. How do I tally all of this on my tax form, 1040??? Do I add of all them together on sectin 2? My total is over 1500$ But individually the mutual fund income is less than 1500 and so is the stock?
So how do i file all of this?