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Strategies & Market Trends : Value Investing
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To: Ken Ludwig who wrote (50159)11/25/2012 11:12:23 AM
From: Jurgis Bekepuris  Read Replies (1) of 78750
 
OT - I am not a CPA or tax lawyer.

I thought that stocks could not be transferred to a Roth from a regular IRA or a taxable account. I have been told that the stocks must be sold and the cash transfered.
I have transferred stocks from regular IRA to Roth without selling, so it is possible. May depend on your broker?
You cannot transfer stocks from taxable account to Roth.

I have also been told that tax losses from a taxable account cannot be used to reduce taxes on withdrawals from a regular IRA.
Rollover from regular IRA to Roth is taxed as regular income and not as cap gains AFAIK. So you cannot offset it with cap gain losses in regular account. You can only use the $3K (I think) of losses per year to offset regular income.

Consult a CPA though.
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