North Miami Beach, FL. SPECTOR, ETHYL COHEN, born in (who the hell cares), raised in NYC, transcended this world too soon. Ethyl moved to Miami Beach when she wed the love of her life, Sheldon Spector, who proceeded her in death. As a wife, mother, grandmother, niece, cousin and friend Ethyl was...
Taxable vs Non-Taxable Investment Accounts. by ABC. The taxable status of an investment account refers to the whether any income earned in the account is taxable at the time of earning.
For instance, if a U.S. bank issues a bond that is denominated in the euro, it is considered a 988 transaction. If an investor makes an election before the transaction is entered into, he or she may be able to classify the gain or loss on a specific investment as a capital gain rather than ordinary income.