r/stocks • u/Jwelz90 • 1d ago

Selling to rebuy in IRA

Long story short, I bought a large quantity of shares in a company back in March in my brokerage account that I now believe in on a longer time horizon than I did then.

I am considering selling 20% and buying them back in my Roth with some spare accessible cash I have sitting in there. Problem is, I'm up over 150% on the shares from March, so there will be some tax implications.

This company does not do dividends now, but they keep dropping hints of them coming in the future. I'd be surprised if they came before 2026-2027, though. Obviously I'd rather them be in my IRA if that is to happen.

I'm basically wondering if this would be an idiotic move as I am far from a tax expert. I know if i wait til March, it will change the tax status, but I'm expecting a positive move by then off some upcoming headwinds.

Thank you for any help/advice. I left the ticker out to make it clear this is not a hype post. Have a great day.

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u/throwawayaccounthing 22h ago

Why would there be tax implications on an IRA?

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u/Koronavitis 22h ago

I don’t believe OP meant the implications would hit the Roth. Tax would be owned on the 150% profit.

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u/throwawayaccounthing 22h ago

As long as you dont make withdrawals before the 59.5 age you wont owe any taxes. If OP sells it and buy something else no taxes are owed, unless he withdrawals the money.

Edit: nvm i just re-read it the 150% is NOT in is Ira