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nowthatswhat t1_iuhs4da wrote

Your broker should handle the tax reporting for you but you will get hit with CGT when you sell, that’s why it’s called a taxable account

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shawarmadude OP t1_iuhsauk wrote

thanks. so basically, let's say my contributions during the years are 100K and i manage to sell everything down the line for 500K ...the CGT will be on the 400K profit? Assuming i take it out as a lump sum or in one year?

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