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Author: carsnbikes Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Re: simple tax question Date: 2/10/2013 11:27 AM
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Thanks for the comments. The stocks in the IRA were an HG pick (IQNT) that I'd held long term, but finally sold for a huge loss. The stocks in the taxable account are from a completely different company (F), and I've held them for a long time because they did so well. Now I worry about selling them because of taxes on the profits. I haven't sold any shares for a profit yet. I was just wondering that if I did, could I use the loss in the IRA account to offset the selling for a profit if I decided to do so before I do my taxes.

Thanks
RJ
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