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blhacket
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I have Short term realized losses in my retirement account for 2016. Can I deduct those if I itemize?

 
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I have Short term realized losses in my retirement account for 2016. Can I deduct those if I itemize?

No, losses incurred within a retirement account such as an IRA or a 401(k) are not deductible.

However, interest, dividends, and capital gains earned are not taxable.

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