Oh, another caution within IRAs many people are un
Post# of 56323
Posted On: 04/24/2014 10:47:04 AM
Re: WiartonWillie #17076
Oh, another caution within IRAs many people are unaware of is you should not trade MLPs, or LLPs through these qualified accounts. Doing so will trigger a K-1 from your broker (also sent to your "Uncle"
. ) If your profit from a K-1 trade exceeds $1000, you will be required to pay applicable taxes in the current year even though it was held within an IRA.
. ) If your profit from a K-1 trade exceeds $1000, you will be required to pay applicable taxes in the current year even though it was held within an IRA. 
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