Solved: Can I use my capital loss carryover to off set my 1099R withdraw

Can I use my capital loss carryover to off set my 1099R withdraw

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A 1099-R withdrawal is treated as ordinary income, not as a capital gain. Only $3,000 of capital loss carryover can be used to offset ordinary income.

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A 1099-R withdrawal is treated as ordinary income, not as a capital gain. Only $3,000 of capital loss carryover can be used to offset ordinary income.