@chels.ocean: Tired of surprise tax bills from mutual funds? ETFs might be the answer! ETFs are more tax-efficient in non-qualified accounts, helping you keep more of your gains. 📈💰 Time to make the switch? #finance #financialfreedom #mom #MomsofTikTok #moneyformoms #smart #WealthBuilding #SmartInvesting #moneymoves #womeninfinance #moneytoks
But that’s similar to dividends, they are reported on your 1099 composite. And you get the income! Which depending on your strategy could be disbursed or reinvested.
2025-03-21 02:33:51
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Juan Valentin :
The owners of mutual fund shares have the option to take the capital gains distribution in the form of immediate payments or to reinvest it in additional fund shares.
2025-03-21 22:21:16
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