FangxiaL
Expert Alumni

Investors & landlords

You probably don't need to report the Schedule K-1 on your return since it is issued from your IRA account. Keep the K-1 with your tax documents. 

Activity within an IRA account is reported to IRS by the fund Custodian, not IRA owner. 

 

Please refer to this help article to see if Unrelated Business Income (UBI) applies to your situation.

 

 

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