Sunday, June 10, 2018

Repay IRA loan with stock and delay taxes?

I have around 750 shares of WPZ in my regular brokerage account that will be converted to WMB this summer when the parent company buys out WPZ and issues stock in WMB this summer. This will be a taxable event that will trigger a massive tax hit to me when it happens. Can I borrow cash from my Standard IRA then put the WPZ stock in to repay the short term loan prior to the conversion to delay my tax hit?



Submitted June 10, 2018 at 12:18PM by toben88 https://ift.tt/2JuYjtZ

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