Beware of Phantom Income and the Tax It Brings
Beware of Phantom Income and the Tax It Brings
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Your fund can drop 10 % and hand you a tax bill—phantom gains are the scam no one warns you about. Fix it fast: swap the fund for its ETF twin (VTSAX → VTI) in taxable accounts, or shelter inside an IRA/401(k). No more paying tax on money you never made. Not financial or tax advice. | Nicholas Crown
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