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Unfortunately, the loss of value inside a 401K is not deductible for tax purposes. There are a lot of other taxpayers that wish this loss was deductible as well.
Unfortunately, the loss of value inside a 401K is not deductible for tax purposes. There are a lot of other taxpayers that wish this loss was deductible as well.
No, because you can not deduct from taxable income, that which you never paid taxes on in the first place.
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