Are my capital gains distributions in a mutual fund taxable on my TN state return? They are automatically reinvested in the fund.
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ryanmccullar
New Member

Are my capital gains distributions in a mutual fund taxable on my TN state return? They are automatically reinvested in the fund.

 
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DDollar
New Member

Are my capital gains distributions in a mutual fund taxable on my TN state return? They are automatically reinvested in the fund.

Yes, dividends and capital gains distributions by mutual funds are taxable by Tennessee, whether taken in stock (reinvested) or cash.


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