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Retirement tax questions
If you have realized losses (meaning you had actual sales) you can only deduct a max 3,000 loss per year. The rest you have to carry over. So I guess you could take a 3,000 distribution from your IRA. But if you are under 59 1/2 you will also have a 10% early withdrawal penalty on an IRA distribution.
‎November 10, 2020
4:33 PM