Capital Gain Distributions for Mutual Funds
Mutual fund companies don't pay capital gains taxes, you do! That "tax bomb" is waiting inside your brokerage account just ready to explode! Some years, it may not be bad. Other years, it is particularly bad. 2022 is one of those years where many who own mutual funds are going to see losses in the fund AND a large tax bill at the end of the year. Learn what a capital gain distribution is and how you might be able to avoid it....