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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.
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‎February 19, 2025
2:22 PM