Since gains or losses within a IRA are not reportable then nothing next. The 1099-S tells the IRS that it is in an IRA.
Just keep all records for work done and payment records in case the IRS ever questions it. The IRS usually audits within 3 years but can take up to 7 years. I would keep the records forever.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
