GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

No, realized losses or worthless stock in an IRA are not deductible in contrast to losses or worthless stock in a traditional retail account. The same is true for stock held in a 401(k) account.  However, while losses and/or worthless stock are not deductible in IRAs and 401(k) accounts, neither are capital gains taxed.  

 

@laward66

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