Kate_sept2004 | E+ | Getty ImagesAs mutual fund investors brace for year-end distributions, experts have tips to lessen the tax burden in future years. Certain mutual funds have capital gains payouts in November and December, which can trigger taxes in brokerage accounts, even if you haven't sold shares. Review your mutual funds' cost basisGlassman said many investors own mutual funds "going back years or decades" with significant gains. "People may be able to sell those and avoid the [capital gains] distribution on those shares." But there's an easy way to reduce next year's capital gains distributions.

---

Persons: Barry Glassman, Morningstar, Glassman, Matt Knoll Organizations: Wealth, CNBC's, Planning Locations: McLean , Virginia, Moline , Illinois