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Thread: Fund loss

  1. 04-13-2009, 10:26 PM #1
    ap.
    ap. is offline Newbie
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    Default Fund loss

    After watching my 100% I fund go from 139,000 to 78,000, I locked in the loss and moved all of it into the G-fund.

    What I'd like to know; is that loss deductible?

    tia
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  2. 04-13-2009, 10:51 PM #2
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    Birchtree
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    Default Re: Fund loss

    No your loss is not deductable - you are in a tax deferred program. You probably did the cut and run on the I fund low of $10.27 and now what. There is still plenty of time to get it all back but you have to get back in and practice dollar cost averaging. The I fund at $12.98 is just getting started.
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  3. 04-15-2009, 01:29 AM #3
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    James48843
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    Default Re: Fund loss

    Quote Originally Posted by ap. View Post
    After watching my 100% I fund go from 139,000 to 78,000, I locked in the loss and moved all of it into the G-fund.

    What I'd like to know; is that loss deductible?

    tia
    Nope.


    It isn't really real money until you take it out. THEN is it taxable. Until then, it's just numbers inside electrons, and no tax deductions or taxes to pay.
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