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No. Your SEP-IRA account is a separate, tax-exempt, taxpayer. You do not report income earned by the IRA on your personal tax return. The only thing you'll ever report on your return is distributions from the account.
No. Your SEP-IRA account is a separate, tax-exempt, taxpayer. You do not report income earned by the IRA on your personal tax return. The only thing you'll ever report on your return is distributions from the account.
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