Filing mutual fund taxes for last fiscal year
I withdrew quite a bit of money from my mutual fund last fiscal year, and I paid the penalties and taxes each time I withdrew funds, so if I requested 5,000$, I would receive a check for 4,200 or whatever the total would be. I estimated the amount of taxes I paid last fiscal year, and it was conservatively around 40,000$. I'm about to file my taxes for this past fiscal year, and my question is I will get a portion of this back correct? I realize I am in a higher tax bracket and the amount I'll get back won't be as great as a lower bracket, but I will get some of this back won't I?
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