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Get your taxes done using TurboTax
Right, I know this. I know they are gains from the stock. I am still being taxed on the capital gains as it it were regular income. I had no idea that this was how mutual funds work. I have done my own taxes for years and this is the only time I have even seen a huge amount being taxed as if it were income. Had I known, I would have transferred all into an account non-taxable until I actually cash out and use the money.
‎February 11, 2025
3:30 PM