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Can I transfer a stock in kind from Roth to a Brokerage account, retain the basis, and sell it for a loss?

 
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Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Can I transfer a stock in kind from Roth to a Brokerage account, retain the basis, and sell it for a loss?

The cost basis of an in-kind distribution from a Roth IRA is the fair market value (FMV) of the distribution on the date of the transfer.

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1 Reply
Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Can I transfer a stock in kind from Roth to a Brokerage account, retain the basis, and sell it for a loss?

The cost basis of an in-kind distribution from a Roth IRA is the fair market value (FMV) of the distribution on the date of the transfer.

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