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Retirement tax questions
I think you have to wrap your head around the concept that an IRA is a separate entity from yourself. YOU may be a trader but the IRA is not. Within the SD IRA you can do all kinds of investing/trading/owning properties/owning LLCs but none of that is considered YOU personally. Now some folks have their IRA own their personal business and as an owner of a business the IRA would get tax reporting forms from them like a K-1 or dividends which are income to the IRA and most likely will require the IRA to file a form 990 and paying some taxes on the "unrelated business income". Please take the time to be educated on the pros and cons of a SD IRA ... one wrong step in one of these will void the entire IRA which results in an immediate and total distribution of the account.