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selling mutual fund shares
I hold shares in a mutual fund which I've had for many (>7) years. I've not purchased additional shares or sold any in that time. Preparing taxes each year is very straightforward using TurboTax since the relevant information imports directly into the relevant tax forms.
However, I'm considering selling all my shares later this year. If I do so, is preparing taxes for 2022 still straightforward, or is it more nuanced, since I read that there are several ways of calculating gains when an asset such as this is sold? Will TurboTax be intuitive in this case? Does the typical mutual fund company supply information usable for TurboTax?
Thank you
March 12, 2022
6:52 AM