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IRA contributions

jantex1999
Level 1

Why does Pro-Connect show capital gains in an IRA acct as a "contribution".  The letter says there will be a penalty if the gain is not distributed.

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2 Comments 2
dkh
Level 15

Can you give more details.... What letter ?   Letter from IRS ?    

What entries did you make on the tax return for this "capital gains in an IRA"  - 1099R, Sched D ?????

IRonMaN
Level 15

The devil is still in the details.


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