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Retirement tax questions
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My stock losses exceed the $3000 deductible limit. Can I withdraw from my 401K (or recharacterize to Roth IRA) and offset the amount of the withdrawal against my stock losses, thus not paying taxes on the withdrawal?
David15 ‎Posted June 1, 2019 | Latest post Thursday by zenmster
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In 2017 I converted $10,000 from my IRA to a Roth IRA, as shown on 1099-R. Later in the year I recharacterized $9000 back to the IRA, as shown on second 1099-R. The Roth had increased in value and before the transfer was worth $11,000. After the tran... read more
GGA ‎Posted Wednesday | Latest post Thursday by macuser_22
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