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How to LEGALLY Avoid Paying Taxes This Year

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How to Avoid a 75 Hundred Dollar Distribution

Hank also has 50 thousand dollars invested in the same mutual fund. He's also going to receive a 75 hundred dollar distribution if he holds it past a certain date. As long as he sells it before the ex dividend date, he could avoid that big distribution and only pay the income taxes on the capital gain of i thousand dollars.

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