you are on with kevin mccormally /. caller: i understand you do not have to worry about a sale when you have a roth or an ira. guest: a worth sale is when the sale an asset and buy stocks within 30 days. four years, we thought and the irs said, if you sold a stock for a loss and bought it back in an ira, it was not a worth sale. they changed the rule. it does not matter if it is a taxable account, a worth sale is a worth sale. caller: it's not like you would deduct it. you just do not -- guest: you are talking about inside of an ira? it is like vegas, what goes on in a tax shelter goes -- stays in a tech shelter. the iris does not know about it. -- the irs does not know about it. host: 202-748-8001 if you are in the mountain or pacific time zones. a few minutes left to get your questions in four kevin mccormally. also taking questions on twitter. new jersey withheld state tax -- guest: you only report state refunds if you itemize deductions the previous year. 75% of the people take the standard addictions and do not rep

you are on with kevin mccormally /.aller: i understand you do not have to worry about a sale when you have a roth or an ira. guest: a worth sale is when the sale an asset and buy stocks within 30 days. four years, we thought and the irs said, if you sold a stock for a loss and bought it back in an ira, it was not a worth sale. they changed the rule. it does not matter if it is a taxable account, a worth sale is a worth sale. caller: it's not like you would deduct it. you just do not -- guest: you are talking about inside of an ira? it is like vegas, what goes on in a tax shelter goes -- stays in a tech shelter. the iris does not know about it. -- the irs does not know about it. host: 202-748-8001 if you are in the mountain or pacific time zones. a few minutes left to get your questions in four kevin mccormally. also taking questions on twitter. new jersey withheld state tax -- guest: you only report state refunds if you itemize deductions the previous year. 75% of the people take the standard addictions and do not repor

kevin mccormally has advised of wednesday's deadline. we will also take your calls and comment on facebook and twitter starting at 7 a.m. on c-span. on newsmakers this weekend, dr. robert wah talks about the affordable care act in its second year and other health care issues. newsmakers, sunday, 10:00 a.m. on c-span. >> this sunday, senior editor for the weekly standard andrew ferguson on his writing career, the gop presidential candidates and what voters are looking for in a candidate. andrew: they want somebody who looks like he has stood up for them. i am amazed at the degree to which primary voters on both sides are motivated by resentment and the sense of being put upon. those people don't understand us. here is a guy, who does understand us and he will stick it to them. that happens on both sides. hillary clinton gives her own version of that type of thing. i don't think that that was actually true 30 years ago. resentment has always been part of politics, but to the degree to which it is exclusively the motivating factor in truly

kevin mccormally is the editorial director at kiplinger. we appreciate the time. that is our show for a saturday morning. join us tomorrow morning at 7:00 a.m. eastern, 4:00 a.m. pacific we will be joined i the president of the american federation of features as we talk about education policy. we will also be joined by the chair of the libertarian national committee to look at the political, ideological, and cultural views of the libertarian party. willie -- we will be joined by the -- the local correspondent from the "washington post." that is tomorrow morning on "the washington journal." ♪ >> next, a conversation in on the latest in batter technology. then, in conversation with biochemist craig venter. then, the world bank president. next, a look at next generation battery technology with washington correspondent steve levine and a director from argonne technology. hosted by atlantic council. jeffrey: welcome everybody and good afternoon. welcome to the atlantic council. we are pleased to have you all here today. i want to apologize in advance. we had some inter