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Taxation of non-retirement mutual funds

1:55 PM  Pisstol Aer   Labels: ,
Investors in mutual funds held outside of qualified retirement accounts can be surprised by the income taxes they owe. "If the fund sells investments that have gone up in value since they were acquired, the resulting gains will be passed out to you in the form of dividend distributions. If you hold your fund shares in a taxable brokerage firm account, those distributions will be taxable. The tax rate you will pay depends on your income level and whether the gains were short-term or long-term." Learn the details in this article by Bill Bischoff: http://www.marketwatch.com/story/how-mutual-fund-profits-can-get-you-in-tax-trouble-2014-09-15
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Taxation of non-retirement mutual funds
Taxation of non-retirement mutual funds
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