Received schedule K-1 for MLP shares held in an IRA. Dividends were reinvested in the IRA.

[manowar99]

Previous CPA said K-1 not needed nor reported in past years.

[Critter]

CPA is correct ... what happens in an IRA stays in an IRA and is NOT reported on an income tax return.  That is why they are called Tax Deferred Investments.... you are only taxed on the distributions later not on the earnings now. 

[TomD8]

If the MLP is held within the IRA, and reinvested within the IRA, there is nothing you need do.  The obligation to report any taxable income rests with the IRA custodian, not with you.