Characteristics, Uses, and Taxation of Investment Vehicles

Free CFP Exam lesson in Investment Planning. 15 min read, ~2,321 words.

LTCG/qualified dividends: 0%/15%/20% + 3.8% NIIT above $200K single / $250K MFJ (max effective 23.8%). TEY = muni yield / (1 - marginal tax rate): never reverse the formula. REIT dividends are ordinary income but eligible for 20% Section 199A deduction (max effective 29.6%). Wash sale window: 30 + 1...

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