Quote:
Originally Posted by retiredguy123
The fund manager doesn't itemize the individual stocks that were sold, so you only get a consolidated total of the losses and the gains, which usually results in a net capital gain distribution, not a net loss.
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You say “usually” results in a net capital gain distribution. There must be some years where a mutual fund has a net loss. But I don’t think I have ever been able to deduct those.