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Community: Investing Wiki

Term Of The Hour

tax deduction IRA: Original post by Mark Kennan of Demand Media If you invested money in your IRA in stocks, you may find that your investments lost value. Unlike regular IRA accounts, you cannot simply claim a tax deduction for the loss. Instead, the Internal Revenue Services (IRS) has a series of requirements that must be met and rules for calculating how much you can deduct.

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