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Are mutual funds taxed every year 2024?

Zoe Lee | 2023-05-07 11:50:06 | page views：1743
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Taylor Wilson

Studied at the University of Copenhagen, Lives in Copenhagen, Denmark.
If you hold shares in a taxable account, you are required to pay taxes on mutual fund distributions, whether the distributions are paid out in cash or reinvested in additional shares. The funds report distributions to shareholders on IRS Form 1099-DIV after the end of each calendar year.
2023-05-12 11:50:06
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Oliver Gonzalez

QuesHub.com delivers expert answers and knowledge to you.
If you hold shares in a taxable account, you are required to pay taxes on mutual fund distributions, whether the distributions are paid out in cash or reinvested in additional shares. The funds report distributions to shareholders on IRS Form 1099-DIV after the end of each calendar year.
Mutual Funds and Taxes - Fidelity - Fidelity Investments
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