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Strategies & Market Trends : Roth IRA ideas -- Ignore unavailable to you. Want to Upgrade?

To: Jason Rooks who wrote (55)	2/6/1998 1:15:00 PM
From: Patricia L. Clews	Read Replies (1) \| Respond to of 388

I'm thinking you have to actually sell stock to take a loss but it's hard to take a loss in a IRA. I read that after you take all the money out of a IRA then you can take a loss. We just converted a IRA to a Roth IRA & I had taken a loss on two stocks in that IRA so just today I asked the IRS if there was any provision to take that loss. Expect a answer next week. It's really a 1998 tax question, not for this year's taxes that we're working on ('97). I'll post the answer when I get it. Your thoughts? Patti