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Msg  8800 of 9153  at  12/1/2019 12:25:29 AM  by

lpoho


 In response to msg 8797 by  dar200
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Re: OT - ET - OT

 "Your Roth does not have to file a tax return unless UBI (debt financed income in this case) exceeds 1,000".
 
It is advisable to file the returns even if one has a loss for UBTI purposes.
Losses carry forward and canhelp offset future UBTI taxable gains. 


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Replies
Msg # Subject Author Recs Date Posted
8801 Re: OT - ET - OT dar200 0 12/1/2019 10:22:59 AM






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