Recent content by taifdad

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    Is there a penalty for doing a white wash sales on Roth IRA account?

    I was going over my Roth IRA account and came across several white wash sales for tax year 2009 which I forgot to account. What is the tax consequence, if any?? What is the penalty and interest charge for each tax year that you have to redo 1040X. Please reply. Thanks. I like the Tax Lady...
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    If I don't have to file capital gains on Roth IRA, what's the point of...

    ...correcting a white wash sale? Wouldn't the investment firm take this into account when the account summary is made available? I have TDAmeritrade account with realized and unrealized capital gain/loss on record. I'm confused.
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