Next time you contribute to your IRA, consider selling a losing stock that has declined in value and use the money from that sale to fund your IRA. You can also write off a capital loss on the sale of that losing stock.
If you really want to hold onto that stock, just buy it back in the IRA. The "wash rule" ( IRS rule that says if you sell and buy back the same stock within 30 days before or after the sale, you cannot take a capital loss) will not apply to this transaction.
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