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Get your taxes done using TurboTax
Yes, it is possible for some of that capital gain to be treated as ordinary income and subject to UBIT. This web reference provides a detailed explanation of how this can happen:
https://seekingalpha.com/article/4415148-your-ira-holds-mlp-beware-of-ubit
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎December 18, 2023
1:19 PM