Mutual Fund

Report a mutual fund and income produced by the fund in Schedule A.

Mutual Fund: Examples

For You, Your Spouse, and Your Dependent Children

Schedule A

Report a mutual fund if the value of the fund was more than $1,000 at the end of the reporting period, or if the fund produced more than $200 in income during the reporting period.

Block A: Provide the exact name of the fund (e.g., write “Fidelity Magellan”; do not write only “Fidelity” or “Magellan”).

Block B: Report the value of the fund by marking the appropriate column.

EIF: Just to the right of Block B is a column identified as “Excepted Investment Fund” (EIF). A mutual fund traded on the open market qualifies as an excepted investment fund. Therefore, in most cases, you should mark the “Excepted Investment Fund” column.

Block C: Report the total amount of income produced during the reporting period by marking the appropriate “Amount” column. You do not need to mark a type of income because, as an exception to the normal rule, you do not need to indicate the type of income whenever you identify an asset as an excepted investment fund.

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This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.