topic Capital loss does not directly offset IRA distributions.... in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/capital-loss-does-not-directly-offset-ira-distributions/01/571773#M53547 Capital loss does not directly offset IRA distributions. IRA distributions are treated as ordinary income, not as capital gains. Each year you can use $3,000 of capital losses to offset ordinary income from all sources. Wed, 05 Jun 2019 21:27:00 GMT jerry2000 2019-06-05T21:27:00Z Does my capital gains loss carry over apply to distribution from my Traditional IRA? https://ttlc.intuit.com/community/retirement/discussion/does-my-capital-gains-loss-carry-over-apply-to-distribution-from-my-traditional-ira/01/571765#M53546 <P>I am trying to determine if my capital gains loss carry over will apply to my traditional IRA distribution. I need to take a distribution from my IRA but I am not sure if the Capital gains loss carryover will apply or if I have to withhold funds to cover tax for the distribution when I withdraw it. <BR /></P> Wed, 05 Jun 2019 21:26:59 GMT https://ttlc.intuit.com/community/retirement/discussion/does-my-capital-gains-loss-carry-over-apply-to-distribution-from-my-traditional-ira/01/571765#M53546 alandyck 2019-06-05T21:26:59Z Capital loss does not directly offset IRA distributions.... https://ttlc.intuit.com/community/retirement/discussion/capital-loss-does-not-directly-offset-ira-distributions/01/571773#M53547 Capital loss does not directly offset IRA distributions. IRA distributions are treated as ordinary income, not as capital gains. Each year you can use $3,000 of capital losses to offset ordinary income from all sources. Wed, 05 Jun 2019 21:27:00 GMT https://ttlc.intuit.com/community/retirement/discussion/capital-loss-does-not-directly-offset-ira-distributions/01/571773#M53547 jerry2000 2019-06-05T21:27:00Z