Cashing out my mutual fund I have a mutual fund called Meridian Growth fund, about 20,000. From what they told me, they do not charge a penalty to withdraw funds, but obviously I would pay when I do my taxes. If I were to remove 10,000 from the fund -- I'm wondering roughly how much I will end up paying for the taxes on this. Is there any way somebody could give me a very rough estimate of how much I will get hit with on my taxes? I mean, are we talking $500? $1,000? Or more? Could you please give me a ballpark estimate? Thank you very much! |