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Q: How are mutual funds taxed in oregon? ( No Answer,   1 Comment )
Question  
Subject: How are mutual funds taxed in oregon?
Category: Business and Money > Finance
Asked by: moneyguy-ga
List Price: $2.00
Posted: 15 Aug 2006 19:46 PDT
Expires: 14 Sep 2006 19:46 PDT
Question ID: 756426
If I own a mutual fund and live in the state of Oregon, do I pay
Oregon income taxes, in addition to the capital gains taxes that I pay each year?
Answer  
There is no answer at this time.

Comments  
Subject: Re: How are mutual funds taxed in oregon?
From: fighting_duck-ga on 11 Sep 2006 06:51 PDT
 
Since you are an Oregon resident, you have a taxing nexus with the
state.  Oregon will tax you on the income generated from the mutual
fund unless it is a tax-exempt municipal bond or something similar
that is offered by a state.  Please note that you would not
necessarily pay the 9% income tax if the distribution from the mutual
fund is considered long (or short) term capital gain.

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