If your stock fund distributed dividends and/or capital gains, you owe taxes on those. At the same time, the price of the stock mutual fund dropped in value, such that you have the same amount of money after the dividend as before. The drop in price means that you will owe less tax when you sell shares, because the difference in selling price and buying price will now be smaller.
Statistics: Posted by rkhusky — Mon May 06, 2024 8:25 am — Replies 18 — Views 1347