Do I have to pay capital gains tax cashing out mutual funds from prior to 2012? Question regarding capital gains tax on mutual shares invested prior to 2012. I have 60k from 1987 - 2012 and would like to know how much I can pull out without capital gains tax assesed. Due to the tax law changed in 2012, the majority of the investment was made prior to to 2012 when they werent tracked.
Please advise
Thanks |