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posted Jun 4, 2019 11:39:40 AM

If I sell stock or mutual fund in a 401k plan and leave as cash in the account do I pay tax?

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Expert Alumni
Jun 4, 2019 11:39:41 AM

No, as long as the money stays in the retirement plan, any transactions of buy and/or sell do not affect your tax return.  At any time a distribution is taken from the retirement account, then there would be tax consequences.

1 Replies
Expert Alumni
Jun 4, 2019 11:39:41 AM

No, as long as the money stays in the retirement plan, any transactions of buy and/or sell do not affect your tax return.  At any time a distribution is taken from the retirement account, then there would be tax consequences.