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URL:  http://boards.fool.com/yep-and-all-distributions-from-a-11044101.aspx

Subject:  Re: LT Gains in re: Roth Conversion Date:  7/13/1999  5:24 PM
Author:  defg0003 Number:  17256 of 121061

yep - and all distributions from a "regular" IRA are ordinary income (unless they represent a recovery of non-deductible IRA contributions) - regardless of the source of the funds distributed (e.g. - capital gains, long & short; or dividend & interest income). The characteristics (tax attributes) of the underlying funds in the IRA are meaningless upon distribution. UGH!


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