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Is distribution from SEC Fair Fund taxable?

 

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Subject Author Date
Is distribution from SEC Fair Fund taxable? 0b3hks001 07-24-2007
Posted by 0b3hks001 on July 24, 2007, 11:52 pm
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I receive a minor distribution from the SEC Fair Fund -
related to the Fair Fund provisions of the Sarbanes-Oxley
Act of 2002.

Is this taxable income? If yes, is this qualified income
(15%) or regular income?

BTW, what is the Fair Fund?

TIA

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