![]() ![]() What is your marginal tax bracket? Do you reside in a state that taxes capital gains? What is your state tax bracket? How about local taxes? What is your net gain? You may want to run the numbers through an application like TurboTaxCaster for a ball park estimate.īoth funds overlap so which one should I get rid of? How much will I have to pay in taxes on gains and dividends? The bottom line is that my total return would be higher in my Vanguard High Dividend fund if it were not for the higher fee(0.15) and taxes chipping away at my money. The like the low taxes and low fees associated with the tax managed fund, but like the aggressive growth with the high dividend fund. But it is tax sheltered so I pay less in taxes (less aggressive, moderate balanced fund) However, I will have to pay taxes on gains and dividends. Vanguard High Dividend fund is YTD 9.53%. ![]()
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