Tax questions on trading options in my IRA?
Author: If I trade options in my account and I make a substantial amount in one day and sell what are the tax implications. Do I just get tax as if I were trading stocks?
Judy is correct. In a qualified retirement account (which includes IRAs) gains and losses are not recognized.
Anything done within an IRA is tax deferred until you take the money out, then the withdrawal is taxed as ordinary income for a traditional IRA, not taxed for a Roth