Series 6: 5.1.7.2. Capital Gains On The Sale Of Mutual Fund Shares

Taken from our Series 6 Top-off Online Guide

5.1.7.2. Capital Gains on the Sale of Mutual Fund Shares

If an investor sells or exchanges mutual fund shares for a profit, she has to pay a tax on the gain. If she holds the shares for one year or less, she will pay at the short-term capital gains rate, w

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