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Kiplinger
Kiplinger
Business
Samuel V. Gaeta, CFP®

Capital Gains Taxes Trap: How to Avoid Mutual Fund Tax Bombs

A confused and frustrated man reads something on his smartphone.

Many know that capital gains taxes are what you owe when you sell an investment that has gained value since you bought it. What’s less well-known is that you can end up owing capital gains taxes on an investment that has lost value since you purchased it and that you haven’t even sold!

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