Do I need to report K-1 information if it is in an IRA?

[MichaelL1 · Accepted solution]

No, if the IRA has holdings that generate a K-1, there is nothing you need to report on your 1040 for this.

Everything that happens within the IRA, is not reflected on your return.

For your return, the only thing that matters is when money is put in, or taken out of the IRA.