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 : Young and Older Folk Portfolio
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Marmalade who wrote (23691)12/19/2025 11:20:15 AM
From: SeeksQuality6 Recommendations

Recommended By
chowder
ddbpaso
IncHunter
Marmalade
Mili21

and 1 more member

   of 23771
 
No, you can not take a tax loss on stocks held in an IRA. You cannot take a tax loss for the same reason that you wouldn't own a tax gain. This is independent of whether you execute an "in kind" distribution or a Roth rollover. In the former case, you would owe tax on the current value of the position and that would become your cost basis going forward. In the latter case, you would owe tax on the current value of the position and (since it would be held in Roth) the cost basis would continue to be irrelevant.

I strongly recommend you discuss this with your tax professional, as it is much easier to achieve clarity through an in-person discussion than on a message board.

Good luck!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News