Solved
Capital Losses
I brought stock from my qualifying IRA account and then sold it the same year 2019 for a loss and kept it in the qualifying account. Can I deduct the loss on my 2019 taxes?
No. In the same way that you are not taxed on any earnings held in an IRA, the loss is not deductible.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
