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Loss on portion of IRA
On 12/12/2022, I split away a portion ($250,000) of my long time IRA. I cashed out my IRA 11/13/2023, and received $147.155.32, a loss of $102,844.68. My question is, since I had a basis of 250k, can I write this off as a short term loss? Can I get any special treatment out of this situation at all?
‎April 12, 2024
8:09 AM