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Retirement tax questions
Yes, the losses are still "behind the curtain" and unreportable. If any amounts are recovered during bankruptcy, they should also be deposited into your IRA without any tax consequence. While the tax deferral in IRAs is a nice feature and the one with which we're most familar, one drawback is that losses such as this are generally not deductible losses.
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March 27, 2025
5:20 PM