Many people have heard the Benjamin Franklin quote, “In this world nothing is certain but death and taxes.“共同基金税可能很繁重. 然而, if you understand the complexities of mutual fund taxes and are prepared when tax season comes around, 你也许能减轻打击.
The first thing to remember is that you generally must report any mutual fund distributions as income. Even if you reinvest your profits, the federal government still views this as personal income. Your mutual fund will send you a Form 1099-DIV describing what earnings to report on your income tax return. There are two main ways that mutual funds are taxed: dividends and capital gains.
Dividends represent the net earnings of the fund. 合格的股息, 除了一些例外, are dividends received from domestic and foreign corporations after 2002. Foreign dividends must be securities that are traded on U.S. 或获得美国国税局批准.
Capital gains are profits from investor trading or distributions given to shareholders after revenue is taken in from the fund manager’s sales of securities. Provisions in the tax law allow you to pay lower capital gains taxes on the sale of assets held more than one year. These are referred to as “long term” capital gains.
Long-term capital gains (assets held for more than one year) and qualified dividends (dividends that meet the requirements to be taxed as capital gains), 是按0%征税吗, 15%, 或20%的比率(或断点).
Short-term gains — those resulting from the sale of assets held for one year or less — are taxed at your ordinary income tax rate.
Higher-income taxpayers should be aware that they may be subject to an additional 3.8% Medicare unearned income tax on net 投资 income (unearned income includes dividends) if their adjusted gross income exceeds $200,000(单文件)或250美元,000(已婚联合申请人).
This means that if you’ve been buying shares in a stock or mutual fund over the years and are considering selling part of your holdings, your tax liability could be significantly impacted by the timing of your sale.
One way to potentially reduce the amount of mutual fund taxes you could pay is by utilizing a tax-exempt bond fund. Distributions from these types of funds are attributable to interest from state and local municipal bonds, so they are exempt from federal income tax (not necessarily state tax). If a bond was issued by a municipality outside the state in which you reside, the interest could be subject to state and local income taxes. Some municipal bond interest could be subject to the federal alternative minimum tax.
Investing in tax-exempt bond funds potentially could lessen the blow of taxes, but it’s important to remember that they may offer lower yields than comparable taxable funds. 如果你的纳税等级很高, the tax benefits may make it advantageous for you to invest in lower-yielding tax-exempt funds. Bond funds are subject to the same inflation, 利率, and credit risks associated with their underlying bonds. 随着利率的上升, 债券价格通常会下跌, which can adversely affect a bond fund's performance. If you sell a tax-exempt bond fund at a profit, you could incur capital gains taxes.
共同基金税可能很麻烦, but there may be ways to help you potentially pay as little as possible. Remember that there are tax-advantaged accounts that you possibly could utilize, 比如个人退休账户或401(k)计划, to defer taxes until you withdraw funds in retirement. You may want to consider tax-deferred accounts for high-income funds that come with lofty tax rates. Regardless of how you handle your mutual funds, be sure to consult with a tax professional.
The return and principal value of mutual fund shares fluctuate with changes in market conditions. Shares, when redeemed, may be worth more or less than their original cost.
共同基金按招股说明书出售. Please consider the 投资 objectives, risks, charges, and expenses carefully before investing. 招股说明书, which contains this and other information about the 投资 company, can be obtained from your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.
The information in this newsletter is not intended as tax, 法律, 投资, 或退休建议或建议, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek guidance from an independent tax or 法律 professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. © 2021 Broadridge Financial Solutions, Inc.