Susan & Jane are correct.  PLUS, unless you've made non-deductible contributions, you don't have any basis in the IRA anyway (translation, there isn't a tax loss).

Prior to 1.1.18 - if there was a tax loss (you've made non-deductible contributions OR it's Roth IRA), all similar accounts have to be closed to capture the loss.  Said loss was deductible as a miscellaneous itemized deduction, subject to the 2% haircut - pre TCJA.

I don't know off the top of my head if that 2% issue was changed by TCJA ( I vaguely remember it being discussed?) but if not, 2% miscellaneous deductions are gone.

And that *loss* never went on Schedule D.

Plus you've never been able to write off a loss that hasn't even occurred yet....non-performing stocks don't trigger deductible losses any more than ones doing really well trigger reportable gains.