Considering selling some stock investments for a loss

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Reference no: EM131222031

In late 2015 the Polks come to you for tax advice. They are considering selling some stock investments for a loss and making a contribution to a traditional IRA. In reviewing their situation, you note that they have large medical expenses and a casual loss, neither of which is covered by insurance. What advice would you give the Polks?

Reference no: EM131222031

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Considering selling some stock investments for a loss : In late 2015 the Polks come to you for tax advice. They are considering selling some stock investments for a loss and making a contribution to a traditional IRA. In reviewing their situation, you note that they have large medical expenses and a casua..

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