Capital gain distributions
https://falconcpa.com/wp-content/themes/osmosis/images/empty/thumbnail.jpg 150 150 speakeasy speakeasy https://secure.gravatar.com/avatar/1ee8bd3c861e30321e8b5e706cf7b0e5?s=96&d=mm&r=gQuestion: What is a capital gain distribution? I didn’t sell any shares of my mutual fund, but I received a year-end statement from the company reporting a capital gain distribution. Answer: Typically mutual funds buy and sell stocks or bonds throughout the year. Each time the fund sells an investment, its owners owe tax on…
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