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Retirement tax questions
If this is a traditional IRA and you deducted all contributions you would have no further loss. (You can't deduct the contributions when you put them into the IRA, and then deduct them again when the investment goes South.)
If this is a Roth IRA or a traditional IRA with non-deductible contributions, you may have a deductible casualty loss.
‎June 4, 2019
10:01 PM