Wasabi, I don’t think so. You can convert an Ira
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Posted On: 05/28/2020 8:30:32 PM
Wasabi, I don’t think so. You can convert an Ira to a Roth IRA, and since there is no value for NGIO, you won’t pay taxes. However a brokerage acct, that is not an Ira, is an after tax acct. that acct would grow and eventually you would pay capital gains on selling NGIO. However the irs is not going to let you move from an after tax acct to a tax free acct and not pay taxes. So I don’t know of a way to do that.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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