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Are proceeds from the sale of a mutual fund taxable?

 
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MinhT
Expert Alumni

Are proceeds from the sale of a mutual fund taxable?

The full proceeds are not taxable. Only any capital gain is taxable. The capital gain is the difference between the proceeds and the cost basis.

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1 Reply
MinhT
Expert Alumni

Are proceeds from the sale of a mutual fund taxable?

The full proceeds are not taxable. Only any capital gain is taxable. The capital gain is the difference between the proceeds and the cost basis.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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