How to Avoid Mutual Fund Tax Traps
CPA Practice
MAY 24, 2023
By Samuel V. Gaeta, CFP, Kiplinger Consumer News Service (TNS) Many know that capital gains taxes are what you owe when you sell an investment that has gained value since you bought it. What’s less well-known is that you can end up owing capital gains taxes on an investment that has lost value since you purchased it and that you haven’t even sold!
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