Long-term capital gains and distributions from traditional individual retirement accounts (IRAs) exist in separate constellations of the tax universe.1 But there is at least one convergence: If a trust is named as a beneficiary of an IRA, after the IRA owner dies, beneficiaries of that trust might be able to realize long-term capital gains by selling an interest in the trust. But the sellers must have held the trust interest for more than one year.
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