RobertB4444
Expert Alumni

Get your taxes done using TurboTax

You don't need to submit any forms with your tax return related to income inside a self-directed IRA. If you have generated Unrelated Taxable Business Income (UBTI) then your IRA custodian must file a 990-T and pay taxes on that income.  You are also responsible for reporting to your custodian actual values in your SDIRA.

 

Here is a good discussion on the topic.

 

@emerklen 

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