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New Member
posted Jun 6, 2019 2:30:43 AM

If I recieved a K-1 form that is in a 403 b retirement account do I have to report it

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1 Best answer
Level 15
Jun 6, 2019 2:30:44 AM

If the retirement account holds an interest in a business that generates a K-1 it does not get shown on your return.

The income and/or losses generated within the 403b do not impact your taxes.

Only thing on the 403b that impacts the taxes are when you put money in or take money out.

1 Replies
Level 15
Jun 6, 2019 2:30:44 AM

If the retirement account holds an interest in a business that generates a K-1 it does not get shown on your return.

The income and/or losses generated within the 403b do not impact your taxes.

Only thing on the 403b that impacts the taxes are when you put money in or take money out.