Can I Deduct The Losses in my IRA or 401(k) From my Taxes?

 
 
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Can I Deduct The Losses in my IRA or 401(k) From my Taxes?

Can I deduct the losses in my IRA or 401(k) from my taxes img.jpeg

No, you can’t.  You may be able to deduct losses from a non-retirement account like a Joint, Trust, or Individual account from your state income taxes.

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TaxesErica Hartwick