Guest Emiliano Posted April 29, 2001 Posted April 29, 2001 Elderly IRA owner lost $$$ in IRA based on bad advice from an investment advisor. The worthless stock is still in the IRA. Lost $$$ is recovered. Question: is the recovered money immediately taxable to the IRA owner, is it now considered part of the IRA portfolio, or can it be pocketed without tax consequences?
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