https://ttlc.intuit.com/community/taxes/discussion/rollover-ira/01/2792897#M1027438 <P>ARE GAINS AND LOSSES OF THE ROLLOVER IRA TAKEN INTO ACCOUNT</P><P>BY THE IRS?</P> Tue, 10 Mar 2026 06:49:00 GMT Hicl80 2026-03-10T06:49:00Z https://ttlc.intuit.com/community/taxes/discussion/rollover-ira/01/2792897#M1027438 <P>ARE GAINS AND LOSSES OF THE ROLLOVER IRA TAKEN INTO ACCOUNT</P><P>BY THE IRS?</P> Tue, 10 Mar 2026 06:49:00 GMT https://ttlc.intuit.com/community/taxes/discussion/rollover-ira/01/2792897#M1027438 Hicl80 2026-03-10T06:49:00Z https://ttlc.intuit.com/community/taxes/discussion/re-rollover-ira/01/2793730#M1027439 <P><SPAN>The answer is no.&nbsp;</SPAN><STRONG>Losses as well as gains are never recognized within an IRA</STRONG><SPAN>. The only way you can deduct a loss in an IRA is when all the funds from all IRAs are withdrawn, and there must be basis. For an IRA, basis means nondeductible (after-tax) funds, which most traditional IRAs don't have that much of.</SPAN></P> Thu, 17 Nov 2022 01:36:08 GMT https://ttlc.intuit.com/community/taxes/discussion/re-rollover-ira/01/2793730#M1027439 melj1 2022-11-17T01:36:08Z