Series 7: 6.1.7.2 Capital Gains On The Sale Of Mutual Fund Shares

Taken from our Series 7 Top-off Online Guide

6.1.7.2 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, whic

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