View Full Version : Tax Liability??

BOBBYBOB
I moved all the money in the T. Rowe Price Capital Appreciation Fund into
their New Era Fund. Neither is an IRA. Is this a taxable event? Thank you
pricespector
It will be a taxable event. The capital gains or losses will be recorded for the fund you sold and because you will pay the taxes on it, the amount will become part the new basis of the fund you purchased.