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Financial Planning / Tax Strategies


Subject:  Re: simple tax question Date:  2/9/2013  12:42 PM
Author:  vkg Number:  117710 of 127549

I guess I have another question too. Let me know if this isn't the right board. I sold stock for a loss that in an IRA account and I want to sell some shares for profit that are in a taxable account. Can I use the loss to offset the gain when the loss is in an IRA account?


Do not trigger a wash sale by selling for a loss in a taxable account, and rebuying the same stock within the wash sale window within an IRA. I believe, the ruling is that the loss cannot taken.
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