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March 22, 2023
Question

A fund I own lost $2927.90 last year yet has a taxable capital gain in its T3 of $2887.73. Can this be right?

  • March 22, 2023
  • 1 reply
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    1 reply

    TurboTaxSusan
    March 25, 2023

    Did you sell it? If you sold it for more than you bought it for, then you'll have a taxable gain, even if the value has gone down recently.