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Re: adj10466 post# 11978

Thursday, 02/04/2010 1:59:08 PM

Thursday, February 04, 2010 1:59:08 PM

Post# of 93372
Well, Schwab says there is no tax liability to take shares out of my trading account and put into ROTH as long as it does not exceed $5000 for the year. Makes sense, since I have already paid taxes on that. Taxes only come into play if shares are taken out of traditional IRA. I think that was stated, but it did not register.