Which of the following yields a larger tax refund?Mutual fundsRoth IRAStocks and bondsTraditional IRA

The tax refund you might receive doesn't directly depend on the type of investment you have (Mutual funds, Roth IRA, Stocks and bonds, Traditional IRA). It depends on various factors such as your total income, the amount of tax you've already paid, your filing status, and your deductions and credits.

1. Mutual Funds: The earnings from mutual funds are subject to capital gains tax and can be taxed when the fund is sold. The rate of tax depends on how long you've held the fund and your income level.

2. Roth IRA: Contributions to a Roth IRA are made with after-tax dollars, meaning you don't get a tax deduction for your contributions. However, qualified distributions in retirement are not taxed.

3. Stocks and Bonds: Similar to mutual funds, earnings from stocks and bonds are subject to capital gains tax. The rate of tax depends on how long you've held the stocks/bonds and your income level.

4. Traditional IRA: Contributions to a Traditional IRA may be tax-deductible in the year they are made. The distributions in retirement are taxed as ordinary income.

So, if you're looking for a tax deduction (which could potentially increase your tax refund), contributing to a Traditional IRA could be beneficial. However, this is a very simplified explanation and individual tax situations can be complex. It's recommended to consult with a tax advisor or financial planner for personalized advice.