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Loss On Roth Ira's

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    #1

    Loss On Roth Ira's

    Clients had two Roth IRA accounts each - they each contributed $6,000 each over the years. They knew that the funds were down so they took total distributions. Can we deduct losses ? LT or ST/
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    #2
    See TTB, page 4-26. It tells you when and under what circumstances you can claim a loss on a Roth IRA.

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