Sold a mutual fund, paid cap gain and dividends. is it like a stock, cost - sale = gain or loss?

Bob-Saint — Thu, 06 Jun 2019 08:58:05 GMT

Yes, it's exactly like a stock, not a whit of difference...

TomYoung — Thu, 06 Jun 2019 08:58:07 GMT

Yes, it's exactly like a stock, not a whit of difference except that you can use "average" cost for your basis calculation, which you can't do with a stock. If the distributions came to you as cash then your original purchase (or purchases) should be the basis, in most cases. If you had distributions reinvested then be sure to add those in as additional purchases to your original "out of pocket" purchase or purchases.

Tom Young

topic Sold a mutual fund, paid cap gain and dividends. is it like a stock, cost - sale = gain or loss? in Investors & landlords

Sold a mutual fund, paid cap gain and dividends. is it like a stock, cost - sale = gain or loss?

Yes, it's exactly like a stock, not a whit of difference...