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I executed a fund exchange in 2018 in my daughter's college, non 529, investment portfolio. It is a taxable event; the capital gains taxes are crushing. What can I do?
I transferred part of one fund into another fund within an overall mutual fund investment portfolio. The funds are meant for my daughter's college education, but I did not setup as a 529 (I know, big mistake on my part). What, if anything, can be done now in 2019 to minimize the capital gain impact?
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‎June 1, 2019
11:20 AM