mike44102
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But the IRS checks to see if all 1099-MISC income is reported on tax returns. If the Self-Directed IRA uses my personal SSN, my personal return will be flagged....
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Won't the IRS flag my return since the 1099-Misc is not reflected anywhere? How will I handle it when they inquire?
Activity Feed for mike44102
- Posted Re: You do not enter the form 1099-MISC sent your self-direct... on Get your taxes done using TurboTax. February 17, 2024 7:58 AM
- Posted Re: 1099-MISC rental income reported under other on Get your taxes done using TurboTax. February 16, 2024 9:27 AM