http://www.irs.gov/publications/p550/ch ... k100010205Limits on Deductions
Your deductions for investment expenses may be limited by:
The at-risk rules,
The passive activity loss limits,
The limit on investment interest, or
The 2% limit on certain miscellaneous itemized deductions.
patrickrenault wrote:Would it make sense to find a brokerage who would take commission payments from non-Roth money, while the trade itself is with Roth money?
livesoft wrote:It would be worthwhile to find a broker that does not charge commissions. There are many nowadays, so it's easy to find one. We have never paid any commissions on transactions in our Roth IRAs.
Which would be easier and take less time? Finding a no-commission broker ala livesoft or figuring out the IRS rules?
HueyLD wrote:patrickrenault wrote:Would it make sense to find a brokerage who would take commission payments from non-Roth money, while the trade itself is with Roth money?
That would be illegal. Commissions within IRAs are all yours, not deductible anywhere.
So, tread lightly on trading within IRAs.
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