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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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February 9, 2025
11:55 AM