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R
romantor
April 6, 2025
Question

bond investment loss in traditional IRA

  • April 6, 2025
  • 1 reply
  • 0 views

Could I write off the loss suffered from a bankrupt loss investment in my tradtional IRA against my income

    1 reply

    JohnB5677
    JohnB5677
    April 6, 2025

    No, you will not realize gains or losses within the IRA.

    Furthermore, because it is a Tax preferred retirement account, it is not taxed on Capital gain or loss, dividends or other accrued income until distributed.

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