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    Roth Loss

    I have never dellt with a Roth Loss before.
    Client has 12,000 basis and 1,900 Total Distribution of all of his Roth IRAs. Tb says to put loss on sch A as misc deduction. I see
    there is a place for investment expenses on Sch A. Is this where I put the $10,100 Loss?

    #2
    The loss is a miscellaneous itemized deduction, subject to the 2%-of-AGI limit. Note that any such losses are added back to taxable income for calculating alternative minimum tax.

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