Yes. Once funds are reinvested, they are no longer treated as pre-2024 cash. Any future gains are treated under normal rules.
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Does reinvesting profits reset the pre-2024 rule?
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The information on this website is for informational purposes only and is not professional tax advice. For full details, please consult our complete Tax Advisory Disclaimer.
Tax Advisory Disclaimer
The information on this website is for informational purposes only and is not professional tax advice. For full details, please consult our complete Tax Advisory Disclaimer.
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