[MarkL]

Who pays taxes on unrealized income? Either you got a dividend check or cashed out, or you didn't. You only pay income/capital gains on one of those events. Can a tax specialist help me out?

My guess is that the people asking for this had their "profits" reinvested into the funds, which is how everybody I know has their retirement investments set up. If this is a taxable investment, then you have to pay taxes, even though the cash never actually gets to your hands.

Mark

[Mila]

"My guess is that the people asking for this had their "profits" reinvested into the funds, which is how everybody I know has their retirement investments set up. If this is a taxable investment, then you have to pay taxes, even though the cash never actually gets to your hands.

Exactly! That's how we do it.