Series 66: 5.1.2.2.2. Capital Gains On The Sale Of Mutual Fund Shares

Taken from our Series 66 Online Guide

5.1.2.2.2. 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, which is her ordinary

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