Investing is a fantastic way to build wealth and security, but it’s also a fantastic way to create a hefty bill if you don’t understand how and when the IRS imposes taxes on investments. Here are five common types of taxes on investments and what you can do to minimize what you owe. Tax on…

Tina Orem is a writer at NerdWallet. Email: torem@nerdwallet.com.

The article Taxes on Investments: The Basics to Know to Reduce Your Bill originally appeared on NerdWallet.

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