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I am new to this forum.* Need info on taking distributions from tradional ira.* Stocks in the ira account have appreciated.* Qquestions:
(1) if I sell the stock in the ira account, are the cash proceeds subject to capital gain tax?
(2) If I take the cash as distribution, will it be subject only to ordinary income tax?
(3) If I transfer the appreciated stock to a taxable account, the dollar value of the stock will be considered distribution which will be taxed as ordinary income?
(4) if I transfer the stock to a taxable account and pay the ordinary income tax on the distribution, can I keep the stock for further gains and use the distribution price as the cost basis?
Where I can get info on such questions?* Thanks
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