Special Cases – Mutual Funds

Special rules might apply when figuring the basis. These include situations where you received short-term losses on shares for which you received:

  • An exempt-interest (tax-free) dividend
  • A capital-gain distribution

If either of these applies to you, see Publication 550: Investment Income and Expenses at www.irs.gov.

Related Topics

Related Resources

The IRS, Bitcoin, and Other Virtual Currencies | H&R Block

Have you found yourself wondering how the IRS classifies Bitcoin? Our tax pros discuss relevant IRS Bitcoin law and notices. Learn more with H&R Block.

Farmer’s Market Tax Tips

If you are selling items at a farmer's market, learn how to file your taxes with H&R Block. From cash income to bartering, these tax tips will help.

What Is Cryptocurrency? | H&R Block

What is Cryptocurrency? Bitcoin, Litecoin, and the like leave many wondering how to classify this new form of investment. Find the answer at H&R Block.

Holiday Bonus Taxes

Congratulations on the Bonus! Learm more about the tax rate at H&R Block - whether you receive a holiday or cash bonus, it will apply to you.