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Old 02-22-2008, 05:45 PM
gerryt gerryt is offline
Junior Member
 
Join Date: Feb 2008
Posts: 2
Question Mutual fund sale avoid double tax?

I sold 350 shares of my mutual fund for $ 8239..Of the $8239, $2019 dollars were from cap gains and dividends.How do i determine my gain or loss?Do i subtract the 2019 from my proceeds since i already paid tax on these shares?How do i caculate my gain or loss on this sale?Is my basis only from shares i purchased directly?Thanks iam confused.
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