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New Member
posted Oct 17, 2022 3:35:02 PM

CAN I CLAIM AS DEDUCTION ANY LOSSES FROM MY IRA OR NON-IRA SCHWAB ACCOUNT ? THE TOTAL WAS ABOUT $100,000 FOR A LOSS ?

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2 Replies
Level 15
Oct 17, 2022 3:36:18 PM

Gains or losses within a tax deferred retirement account are not reported on a tax return.

Level 15
Oct 17, 2022 3:43:33 PM

And for non IRA accounts you claim the loss when you actually sell the shares or fund.  Did you get a 1099B for sales?