It's been posted on this thread by the Turbo Tax Expert what constitute UTBI - but frankly I don't know what constitutes UTBI and you probably don't either at l...
I've always understood that there is a very rare situation in which K-1 income in an IRA is taxable - If the amount in box 20V (unrelated business income) is gr...
One question - I received 1728 in distributions on a schedule K-1 I received for a partnership I hold in an IRA. Line 20 V which I understand may be taxable (UB...