38Chevy454
Thinks s/he gets paid by the post
Want to do some IRA to Roth IRA conversions and have a question on which funds to sell, if it matters. Here is the situation: I have funds that have gains, and some that have losses. In my after tax accounts I would (and have) taken advantage of tax loss harvesting. But in the IRA, since it is all pre-tax money, is there an advantage to selling a fund with current negative gain vs one with positive gain? I can't seem to figure out if there is an advantage or not? Does a loss in value help offset any of the tax that would be due? Appreciate any help so I can make the best decision.