InterDigital Inc (IDCC)

[The Count]

OT - Selling shares held inside an IRA

Lucky, you asked
When selling from a sep ira does it ever matter which lot you sell, regarding how long you have held it. There is no tax consequence right.

Short answer - Right.

A SEP-IRA is a traditional IRA (contributions are allowed as a deduction going in, and withdrawals are taxed as ordinary income).

Trading within an IRA, whether traditional or Roth, does not generate any taxable events. When you withdraw from the traditional IRA the amount of the withdrawal is taxed as ordinary income, regardless of what the activity occured in the IRA. There is no need to try to sell certain lots first, or even to track the gains and losses, for tax purposes.

Frank