Schedule K-1(should this be reported in a Rollover IRA)

I received a Schedule K-1 for the stocks I own in my rollover IRA.

Do I report this? if so where?

Thanks

1244

Expert Alumni

Mar 25, 2024 1:53:11 PM

No.

You don't report a Schedule K-1 sent to your IRA account on your personal tax return. All income within the IRA are tax-deferred.

Level 2

Mar 25, 2024 2:11:17 PM

Thank you very much.