Rental Property owned by Solo 401K Trust

[user17694468792]

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.

[MinhT1]

No.

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

[user17694468792]

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