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  • Mutual Funds
    • How Distributions Are Taxed
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Mutual Funds

  • How are mutual fund distributions taxed?
  • What is Alternative Minimum Tax (AMT)?
  • Fund mergers.
  • What is cost basis?

 

What happens when a fund has net losses?

If a fund has both long and short-term net losses, the losses carry forward to offset gains in future years. Capital gains typically are distributed only after a fund has used up any carryforward losses from prior years.

Neither the Ameriprise Financial and RiverSource companies, nor its advisors or representatives, offer tax or legal advice. Consult with your tax advisor or attorney regarding your specific situation.

You should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. For a free prospectus, which contains this and other important information about the funds click here. Read the prospectus carefully before investing.

RiverSource® mutual funds are distributed by RiverSource Distributors, Inc. and Ameriprise Financial Services, Inc., Members FINRA, and managed by RiverSource Investments, LLC. These companies are part of Ameriprise Financial, Inc.

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