Posted 3/1/2015 22:52 (#4424338 - in reply to #4424161) Subject: Accountant is right
NW IL
I hate those mutual funds. What happens is that stocks that have gains within the fund are sold at a gain, your share is then passed onto you ( capital gains distribution) even though you personally have not sold anything. Management of the fund creates the gain by selling appreciated stocks within the fund.
Mutual fund gains tax??
