456 | Taking a Step to FI | September Roundup with Ginger
ChooseFI
Understanding Tax Implications of Selling Mutual Funds
The chapter delves into the topic of selling mutual funds and the corresponding tax rates. It explains the process of selling mutual funds and choosing specific lots for sale in Vanguard's brokerage account. The chapter also clarifies the calculation of taxable amount and the preferential tax rate applied to gains.
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