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Author: BubblesUp One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Re: Roth IRA and wash sales (again!) Date: 6/12/2000 3:56 PM
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>>Katelf asks: I have a Roth IRA. Can I sell a stock within it at a profit, and then before the next 30 days is up, re-purchase the stock (all still within the Roth), without any tax consequences? Not just the 'not getting caught' kind, but is it legal?
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Yes, you can sell stock from your Roth IRA with no tax consequences whatsoever. Gain, loss or breakeven, since it is in the Roth IRA, there is no tax effect to you - doesn't matter how long you held the stock, when you repurchase or anything else, as long as you don't withdraw the funds from the account.
Hope this helps.

Gregg, SeaPA

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