https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sep-deduction/01/1606460#M154335 <P>Several years ago, I invested about $50K in a REIT as part of my SEP IRA.&nbsp; When the REIT was liquidated last year, I had lost about half of my investment.&nbsp; &nbsp;Does this loss qualify for a Capitol Loss?</P> Mon, 25 May 2020 19:09:26 GMT Lexidog 2020-05-25T19:09:26Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sep-deduction/01/1606460#M154335 <P>Several years ago, I invested about $50K in a REIT as part of my SEP IRA.&nbsp; When the REIT was liquidated last year, I had lost about half of my investment.&nbsp; &nbsp;Does this loss qualify for a Capitol Loss?</P> Mon, 25 May 2020 19:09:26 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sep-deduction/01/1606460#M154335 Lexidog 2020-05-25T19:09:26Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-sep-deduction/01/1606470#M154337 <P>Nope an IRA is like Vegas ... what happens inside an IRA stays in the IRA.&nbsp; Since you contributed pre tax funds you will simply have less to distribute later so you will have to pay less taxes.&nbsp;&nbsp;</P> Mon, 25 May 2020 19:14:07 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-sep-deduction/01/1606470#M154337 Critter 2020-05-25T19:14:07Z