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Full Version: Deduct Capital Loss in Roth IRA

BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs

rallred

Aug 26 2001, 09:10 PM

I have two stocks in my Roth IRA.
- 490 shares of Webvan that cost $3046 and are now worthless
- 30 shares of Qwest Communications that cost $1405 and are now worth $668.

My marginal federal tax rate is 28%.

Is there any way I can deduct the capital loss in Webvan?

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