dmertz
Level 15

Retirement tax questions

These are partnerships, not stocks.  Nothing on the Schedules K-1 affects your IRA other then the UBIT which must be paid with funds from the IRA, reducing the value of the IRA.  (Of course any non-UBTI income or distributions paid to your IRA from the partnerships increases the cash balance in your IRA, but these are not reportable by your IRA.  IRAs are tax-exempt trusts that only report and pay tax on UBTI.)