Am I paying capital gains twice on my mutual fund?

  • Thread starter Thread starter Dinty Moore
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Dinty Moore

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I have owned a stock mutual fund for several years and generally pay capital gains annually even though I have not traded any of the shares. If I did trade shares for a profit I understand I would also have to pay capital gains on this amount as well. Isn't this double taxation? Is there some way to avoid this?
 
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