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What if the K-1 activiity is in an IRA for which distribution is being deferred until later years?
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All earnings within an IRA account are tax-deferred. You do not report the income reported on a Schedule K-1 in the name of the IRA.
All earnings within an IRA account are tax-deferred. You do not report the income reported on a Schedule K-1 in the name of the IRA.
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