In December of last year, many mutual funds made end-of-year capital gains distributions for the first time in several years.
Since investors have grown less accustomed to capital gains distributions, the distributions differ from the dividend or interest income investors usually receive, and capital gains distributions are specific to the special legal structure of mutual funds, investors may have questions about the distributions and their tax implications. To help answer these questions, LPL Financial Research has put together this guide to some frequently asked questions.
Keep in mind that the tax circumstances for every individual are unique. Please consult a tax expert for the implications of capital gains distributions for any individual investor.
Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy. AT LPL RESEARCH, as we look forward to the year 2020 and a new decade, some key trends and market signals will be important to watch, including progress on U.S.-China trade discussions, an encouraging outlook from corporate America, and continued strength in consumer […]