zipperlip
Jan 23, 2009, 07:43 AM
My stock and mutual fund portfolio is split between a 401k and a roth IRA.
So far my holdings have lost all gains and a little over 55% of principal investment.
In retrospect, my inclination is to view the issue as a gambling loss.
I am 15 years from retirement.
Can these principal losses be written off my personal income tax?
So far my holdings have lost all gains and a little over 55% of principal investment.
In retrospect, my inclination is to view the issue as a gambling loss.
I am 15 years from retirement.
Can these principal losses be written off my personal income tax?