topic Traditional ira capital gain only in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/traditional-ira-capital-gain-only/01/3089124#M204056 If my only income is from stock sales (1099-B), can I open a traditional ira and contribute to reduce taxes? Tue, 24 Feb 2026 07:26:12 GMT gb1 2026-02-24T07:26:12Z Traditional ira capital gain only https://ttlc.intuit.com/community/retirement/discussion/traditional-ira-capital-gain-only/01/3089124#M204056 If my only income is from stock sales (1099-B), can I open a traditional ira and contribute to reduce taxes? Tue, 24 Feb 2026 07:26:12 GMT https://ttlc.intuit.com/community/retirement/discussion/traditional-ira-capital-gain-only/01/3089124#M204056 gb1 2026-02-24T07:26:12Z Re: Traditional ira capital gain only https://ttlc.intuit.com/community/retirement/discussion/re-traditional-ira-capital-gain-only/01/3089125#M204057 <P>You must have some type of taxable compensation to contribute to an IRA.&nbsp; Investment sale income is not compensation.</P> Sat, 09 Sep 2023 17:30:58 GMT https://ttlc.intuit.com/community/retirement/discussion/re-traditional-ira-capital-gain-only/01/3089125#M204057 DoninGA 2023-09-09T17:30:58Z Re: Traditional ira capital gain only https://ttlc.intuit.com/community/retirement/discussion/re-traditional-ira-capital-gain-only/01/3089126#M204058 <P>No.&nbsp; You need Earned income from working W2 or a net profit from self employment on schedule C.&nbsp;&nbsp;</P> Sat, 09 Sep 2023 17:31:16 GMT https://ttlc.intuit.com/community/retirement/discussion/re-traditional-ira-capital-gain-only/01/3089126#M204058 VolvoGirl 2023-09-09T17:31:16Z