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I am 50 and have another 15 years to go before I can retire. When I do my taxes, I get hurt by the large amount of income I get from dividends in my regular (taxed) stock portfolio. It really cuts into my refund, and I wish I had contributed to my Roth IRA rather than buying taxed dividend stocks. Because of my financial situation, I can't contribute much at all to my Roth. Would it be better to sell some of my dividend stocks and put that money into my Roth? Can you start a portfolio of dividend stocks in a Roth IRA? Thank you.
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