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Roth IRA capital loss
I opened my Roth IRA and contributed $12,000 in March 2020 because I didn't contribute to it in 2019. I further contributed $6,000 in Jan 2021. Total contributions was $18,000. After some losses, I decided to close the account and cut my losses. I ended up emptying the account and withdrawing $6,900 which is what's left of the $18,000 I had contributed. Is the $11,100 considered a loss that I can carry and deduct $3,000 a year from?
‎January 26, 2023
8:40 PM