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system
did i get screwed in taxes on a mutual fund dividend payment?
user
no, not screwed. this is just an artifact of the tax code and year end dividends.  you paid a tax, and in return, got a higher basis. when you sell, you will have less profit, therefore less tax to pay than the guy who bought right after the dividend.  you can call the fund company if you want to buy later this year. once you understand the process, it might not bother you at all.
assistant