Indirect rollover of assets (that have increased in value) back to my IRA and tax impact

I plan to make an indirect rollover to an IRA with like assets (exact number of share withdrawn). The value has increased since the withdrawal. Since the value is more, how does this impact my next year's taxes? Will there be any income that will be taxable?

241

Expert Alumni

Jul 8, 2020 12:35:39 PM

As long as you contribute back the exact same assets - number of shares and specific securities, you will not have any taxable income.

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Indirect rollover of assets (that have increased in value) back to my IRA and tax impact