SharonD007
Expert Alumni

Get your taxes done using TurboTax

Mutual funds distribute dividends and capital gains over the year. They are paid to you or  they are reinvested, so even if haven’t sold any stock, you have to report the gain on your tax return.

 

Review the IRS  FAQ Reporting capital gains on Mutual Funds for more information and the TurboTax article A Guide to the Capital Gains Tax Rate: Short-term vs. Long-term Capital Gains Taxes.

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