Suppose I contribute to an IRA before the 2013 tax filing deadline in April 2014. I fund the account by moving some securities from an investment account to the IRA account. These securities paid interest and dividends throughout 2013. Do I get any tax reduction on the interest and dividends paid by these securities in 2013 before I put them in an IRA?

1 Answer 1


You cannot fund an IRA with securities — you can only contribute cash to the IRA. This renders your question moot.

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