|
I've been very disappointed with my mutual fund returns over past years so this year I started moving in and out and I actually came out very well (but only the limit so as not to accure penalties for MT). I got out before the big fall the last couple wks and hope to get back in soon. The problem is paying the taxes on the gains. I can only use the standard deductions. Most everything I have is paid for. I have to find a way to get my taxes down. This is prompted by my recieving a notice last wk that I have to ammend my taxes. My mistake and another 3-4K I have to pay. With the volitility in the markets today, I really believe you have to be a little more proactive than your fund managers are. Anybody have any advice? Would it be worthwhile to talk to a CPA? Thank you Cletis
|
Threaded Mode
