Retirement tax questions

Here is additional information for people receiving the remediation from an IRA, at the website:

https://www.steelpathfundsremediation.com/documents/Statement%20to%20Eligible%20Shareholders.pdf

B. Interest Component
Unless you held your investment in an IRA, 401(k) account, or other qualified retirement plan, the interest component of your payment constitutes taxable interest income to you.
You will only receive a Form 1099-INT if the payment made to you contains $600 or more of interest. You will not receive a 1099-INT if your investment was held in an IRA, 401(k) account, or a qualified retirement plan.

 

In my own case, I mistakenly cashed the reimbursement, which may make me liable for taxes. 

 

There is much more information at the above link, and your personal tax situation may be complicated.