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nikhilshah asks: " In future when I sell this particular stock what is the cost basis for it? is it as of my original purchase price or is it as of the date I remove it from my IRA?"

This question did not recieve an answer. The cost basis of the stock removed from your IRA is the price of the day transferred from your IRA account. WHY? Because your distribution as reported to the IRA is valued at the price of the day you withdrew it. Therefore your 1099-R shows the value of the withdrawal on that date. If you do not sell the stock that becomes your new cost base.


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