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Mutual Fund Application for New Accounts Class A Shares Class C Shares Instructions: Complete all applicable sections of this form. Include your initial investment. Remember to sign the completed
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What is class c shares?
Class C shares are a type of mutual fund share that typically incur a higher expense ratio than Class A shares but do not have a front-end sales charge.
Who is required to file class c shares?
Investors who have purchased or own Class C shares of a mutual fund are required to report them on their tax returns.
How to fill out class c shares?
Class C shares are typically reported on Form 1099-DIV or Form 1099-B, depending on the type of income received from the mutual fund.
What is the purpose of class c shares?
The purpose of Class C shares is to provide investors with a more flexible investment option, as they do not have a front-end sales charge.
What information must be reported on class c shares?
Investors must report any dividends, capital gains, or other income received from Class C shares on their tax returns.
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