Should I enter a K form from an investment in my traditional IRA in my tax return? If so where?

lowell302 · ‎June 4, 2019

I received a K-1 for Ferrellgas which is held in my traditional IRA. I believe this should be non taxable. Do I have to enter it in my return,

HelenaC · ‎June 4, 2019

No, you do not report the K-1 on your tax return.

Activity within an IRA account is reported to IRS by the fund Custodian, not IRA Owner. You get a copy of the K-1 for your records, just as you receive an information copy of Form 5498 (around May) each year. Both report what the custodian has already reported to the IRS.

Retirement tax questions