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ChuckBits

09/16/23 12:16 PM

#203739 RE: cleanliving #203738

First & foremost, confirm anything I say with your accountant! And that example I posted was from a Schwab site about another "fair fund distribution".

https://www.sipdistribution.com/Home/portalid/0

You've already paid taxes on any money you invest in a traditional account, right? And if you sold shares at a loss, you were/are able to claim the loss. Maybe the IRS looks at the amount we receive like a "dividend"? I hold shares in a company that is trading at half of what I paid for it. But it pays a 10% dividend that I pay tax on every year.

The whole situation sucks, but at least we're getting something back...