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Tuesday, January 31, 2023

A Year-End Surprise: A Tax Bill on Top of Your Mutual-Fund Losses

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In this brutal year for markets, some mutual-fund investors are facing a double whammy: big losses and big tax bills. 

This is happening because fund managers have had to sell holdings to raise cash to pay investors leaving their funds. That often triggers payouts of taxable capital gains for investors who remain.

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