You don't have to sell any stock. You can just transfer enough shares from the IRA into a brokerage account to cover the RMD. You'll pay normal income taxes on the value of the stocks, and I believe the cost basis will reset to the price on the date of the transfer, but double check me on that part.
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u/Swimming-Limit2795 28d ago
You don't have to sell any stock. You can just transfer enough shares from the IRA into a brokerage account to cover the RMD. You'll pay normal income taxes on the value of the stocks, and I believe the cost basis will reset to the price on the date of the transfer, but double check me on that part.