Message Font: Serif | Sans-Serif
 
No. of Recommendations: 5
I'd much rather wait for the 5 yrs to run, since I invested it in some current downers.

That works to your benefit.

Less income to report currently when you make the withdrawals. You can withdraw the stock now, pay the tax on its current depressed value, then continue to hold to see if it recovers. If it does and you sell then (after at least a year has passed), you get capital gain rates on the increase.

If you leave it in the IRA and withdraw when/if it recovers, you pay ordinary rates on the entire value.

--Peter
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement