mdmurphy
New Member

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