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Alias Born 03/21/2021

Re: None

Saturday, 03/27/2021 10:41:06 AM

Saturday, March 27, 2021 10:41:06 AM

Post# of 12309
konap......3k for a direct write off from taxable account
but in cash account you can use stock losses on 'sale' to offset gains on 'sale' of security....that amount is then capital gains short or long term.
in ira a loss is a loss. nada...gains ...nada......till you take it out of the ira......only the amount you take out is taxed at ordinary income rate.
now cometh the dems , who want to raid the value of your ira...does it sound fair if they don't allow stock loss offsets to the total considered?
you know pelosi and biden's accountants and lawyers are setting up their instruments to avoid the tax and will so implement the legislation.......wags.
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