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Val

Mutual Fund - Help me understand.

What happens when mutual fund value goes down and then rises again - earning more dividends - and let's say it's back up to where it was a year ago...haven't you already paid tax on that amount? Isn't it like paying taxes on the same value twice? Or will you not receive dividends until fund reaches a certain point?

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financial planning

Posted 2008-10-02T00:29:22Z
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