We used IRA funds to buy silver, then transferred to crypto. But we took a $10K loss. Are these deductible losses?

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We used IRA funds to buy silver, then transferred to crypto. But we took a $10K loss. Are these deductible losses?

If the transactions were within the IRA the answer is no.

We used IRA funds to buy silver, then transferred to crypto. But we took a $10K loss. Are these deductible losses?

Did you withdraw money from the IRA or do these thing inside the IRA?

If outside the IRA, what do you mean by a loss. Has the loss been realized (cashed out) or is it only a potential loss at this point?

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