SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roth IRA ideas

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sea_biscuit who wrote (64)2/16/1998 5:47:00 PM
From: Jason Rooks  Read Replies (1) of 388
 
Dipy,
That certainly sounds wise. I posted a scenario a few weeks ago surmising that I made a mistake in transferring 3 small cap, depreciated stocks to an IRA because I probably should have sold them for cash, realized the loss, then transferred the cash to the IRA and bought the same stocks, which hopefully appreciate tax free. Alas, my original hope to take the loss on account that the transfer into the IRA would be a taxable event seems less likely if I consider the unfair scenario of transferring appreciated stocks into an IRA and whether one would have to pay capital gains on that transaction.

Thoughts on whether the IRS considers contributions to an IRA of stock a taxable event, i.e. capital gains/losses?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext