Several years ago, I invested about $50K in a REIT as part of my SEP IRA. When the REIT was liquidated last year, I had lost about half of my investment. Does this loss qualify for a Capitol Loss?
posted
May 25, 202012:09 PM
last updated
May 25, 202012:09 PM
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Nope an IRA is like Vegas ... what happens inside an IRA stays in the IRA. Since you contributed pre tax funds you will simply have less to distribute later so you will have to pay less taxes.