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New Member
posted Dec 31, 2019 4:47:41 AM

I am a joint owner of a mutual fund portfolio and look to convert my share to an individual account. How do I avoid taxes on these funds?

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1 Replies
Expert Alumni
Dec 31, 2019 9:18:06 AM

You should discuss this with your mutual fund Administrator. They should be able to divide the account for you so that you avoid tax consequences on the division.