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Retirement tax questions
Hello and thanks for taking a look at my post.
Let's say I have only Social Security Income right now.
I have a regular investment account and an IRA investment account.
I have a $4,500 loss on a stock in my regular investment account.
How much of a distribution can I make from my IRA and still have the stock loss render no income tax due.
And does that mean I cannot take the standard deduction??
I hope I explained this accurately.
Thanks,
Murph
‎April 8, 2023
8:04 AM