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Transactions made within a retirement account are not taxed or reported.
Chas.Schwab filed a 990-T for me and paid not only UBTI but also interest and capital gain taxes on all the MLP
that I sold in my IRA in 2021. The 990-T was filled out by Price, Waterhouse.
Transactions made within a retirement account are not taxed or reported... on a form 1040. However it may need to be reported on a form 990 which the IRA custodian files for you.
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