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Since I have paid taxes on my reinvested capital gains in my mutual fund for the past 3 yrs., can I now take them out of the fund without incurring any taxes on them?

Just remember, in your record keeping over the years, when you reinvest dividends and distributions, to add those amounts to your cost basis. If you neglect to do this, when you later sell your shares, you may, indeed, end up paying some tax twice on those reinvested amounts!

Phooley in Phoenix
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