DaveF1006
Expert Alumni

Retirement tax questions

According to this IRS source, UTBI is unrelated business income is income from a trade or business, regularly carried on  that is not related to the purpose of the IRA’s tax-exempt status, which is to generate income for retirement.  This includes dividends from BEP and BIP as well as the capital gains for these stocks as well.

 

@lei0829 

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