Reply To: Tax on Municipal Bond Fund?

Home Fairmark Forum Taxation of Investments Tax on Municipal Bond Fund? Reply To: Tax on Municipal Bond Fund?

#47742
Kaye Thomas
Moderator

If you sell a bond fund and receive a selling price greater than your basis, you have to report capital gain. This amount is not tax-free, even though continuing to hold the fund may allow you to realize the same profit in the form of tax-free interest.