Quote:
Originally Posted by CoachKandSportsguy
doesn't matter which fund, its active management behavior within the fund which is passed onto the shareholder. What makes an active management fund so difficult at tax time, is that unless you track the gains and losses within the fund during the year, which may/may not be public, you can get hit with a huge tax gain at year end, and you have to pony up the tax payment to the IRS, without being able to plan for it. . or have the funds to pay it without selling shares.
its the curse of being investment successful. .
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Plus, if you are on Medicare, the timing makes it more difficult to avoid IRMMA penalties.