You'll need to sign in or create an account to connect with an expert.
Any transaction within a retirement account has no immediate tax consequences.
To clarify the details, do you mean that you sold a fund in an IRA and used the money to purchase another fund in the same IRA, without taking any money out of the IRA? If that's what you did, the sale is not taxable. You will not get a 1099-B or 1099-R for the sale, and you do not report it on your tax return.
If that's not exactly what you did, provide more details.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
x9redhill
Level 2
Brownshoes1992
Level 1
Moonlight
Level 2
cboise
New Member
sythomas
New Member