Could This Tax Change Save You Money on Mutual Fund Investments?

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 Proposed legislation could eliminate a longstanding tax annoyance for mutual fund investors by deferring taxes on capital gains until you actually sell your shares. 

If you’ve ever opened your year-end mutual fund statement and been shocked by an unexpected tax bill, despite not selling a single share, you are not alone. This quirk of the investment world has long frustrated investors, but potential relief may be on the horizon. Unlike many investments, mutual funds can trigger capital gains taxes even when you haven’t sold your shares.

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