topic Under income, if your IRA shows a loss, will that actually count as a loss when calcualting your AGI? in Retirement tax questions

Under income, if your IRA shows a loss, will that actually count as a loss when calcualting your AGI?

DGO-well — Tue, 04 Jun 2019 00:34:37 GMT

there has been no withdrawal of money from the IRA

dmertz — Tue, 04 Jun 2019 00:34:39 GMT

If you have made no distributions from the IRA, you have not incurred a deductible loss.

CherylW — Tue, 04 Jun 2019 00:34:40 GMT

Maybe you have an error if your IRA (line 15b of Form 1040) shows a negative amount?

Please post back to THIS thread with more details.

DGO-well — Tue, 04 Jun 2019 00:34:42 GMT

i made a mistake and it was not my IRA account, but a regular account - thank you for answering!