<<I hold Filene's Basement stock in a regular and Roth IRA. The company has filed Chapter 11. Can I take the capital losses?>>Sorry. Nope. Losses in your IRA are not deductible on your personal tax return. Just as gains in your IRA accounts (either traditional or Roth) are not taxable to you on your personal tax return. The razor cuts both ways. Sorry for the bad news...TMF TaxesRoy
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