Their is no concept of an annuity with the complete and one time distribution of a Roth IRA. When you sell a rental property, you go from having a rental proper...
IRS Publication states "If you have a loss on your Roth IRA investment, you can recognize the loss on your income tax return, but only when all the amounts in a...
No.That does not make sense to me. The difference between your input basis to the Roth and the amount dispersed is considered a loss by the IRS and is recognize...
But the annuity was only one example of "Gains and losses from the disposition of property not included on line 5a that are taken into account in computing taxa...
The loss on the Roth is a deduction for tax purposes. Why does it notfit the following description for additional modification to investment income line 7 Form ...