This one is for TMF Taxes. I'm sure the folks who wrote the law have carefully excluded what I propose here, but I thought I'd ask. If it's been asked before and I haven't read the reply, my apologies. There's only so much time for reading... Contributions to a Roth IRA: I know I'm limited to $2,000/yr, but does it have to be cash? For example, I'm holding on to (in round numbers) $20,000 of CSCO with a basis of $2,000. Could I just transfer the CSCO stock over? After all, there are other instances in the tax code where that would count as a $2,000 transfer, not as a $20,000 transfer. Assuming that little brainstorm was thought about and already legislated against, what about simply transfering $2,000 of CSCO without realizing the gain of $1,800? Heck, I never sold the stuff. Dreamin' on, Bernie Unger
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra