Blacksmoke
Returning Member

990-T Carryover Losses in SEP IRA

My  990-T filing for my SEP IRA the past few years has shown UBTI earnings (from the K-1) for one of my stocks (an LLP) and created quite a taxable amount.   Can you use carryover losses from other stocks with K-1's in the SEP IRA to offset these gains or is each stock treated separately and gains/losses have to stay just with that stock ?