INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
If you choose to have your mutual fund dividends automatically reinvested, you [ may defer taxes on the dividends until you redeem some shares | still owe taxes for the year the dividends are paid ].