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user17694468792

Level 2

Question

Rental Property owned by Solo 401K Trust

Forum|Forum|4 months ago
January 26, 2026
1 reply
0 views

My Solo 401K Trust (not ROTH) owns some rental property. Income and expenses are paid through the trust and are managed through third party property manager. I have never filed income taxes on the rental proceeds as I have not taken any distributions. I recently changed property managers for said properties and they have issued a 1099-Misc for the income received. No other PM has done this in the past. The TIN number is that of the trust and not my SS#. My question is, am I to do anything with this 1099-Misc? Thanks.

Not A Product Question

Level 15

No.

The income remains with the 401(k) trust and is tax-deferred. You do not report this income on your tax return.

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user17694468792Author

Level 2

Thank you. That's what I thought. I appreciate you.