From Roth IRAs to bankruptcy, WalletPop experts have the answers

Lan N. Nguyen
Updated


IRS checks
IRS checks

For those who follow the Lunar calender, Feb. 14 ushered in the Year of the Tiger. That means 2010 will be a year of great social and personal upheaval. Get a handle on financial affairs, at least, by tackling your taxes now. WalletPop experts are on hand to answer your questions about Roth IRA withdrawals, refunds, and bankruptcy.

Question: I cashed in a Roth IRA at a loss. I know that I am not liable for income taxes on it, but can I deduct my loss on my return?
--Joe

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