Are invenstmet losses on an IRA not reported on 1099-R able to be deducted. I had an IRA that I put in $60K and when I took it out it was $2K

[Coleen3 · Accepted solution]

Unfortunately, no. In the past, they were an itemized deduction for a Roth loss, but that has been eliminated with 2018 Tax Cuts and Jobs Act (TCJA).