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Greetings, MillerSA, and welcome. You asked:

I own a publicly traded stock in my IRA that I am going to own for a while. It is a good long-term growth thing. If my IRA sells that security, and I buy it (in the open market) for my non-taxable account, is that considered, for my IRA, a normal sale of a security or is it something else, say a taxable distribution. Are there timing rules about this (like wash sale rules) of the purchase by the non-ira account?

If you sell that stock in your IRA and immediately repurchase it within your taxable account, it has no impact for tax purposes in any regard. If you have a gain in the IRA, there will be no income tax. If you have a loss within the IRA, you cannot claim it on your income tax return, therefore wash sale rules don't apply. In short, the sale in the IRA means nothing UNLESS you take money from the IRA. In that event, assuming it's a traditional IRA, you will owe ordinary income taxes on the withdrawal.

Regards..Pixy
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