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June 4, 2019
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Do I need to report K-1 if purchase and sale was within my 401(k)?

  • June 4, 2019
  • 1 reply
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After filing my returns I received three k-1(1065) forms. I made all purchases and sales within my 401(k). Do I need to report these? If so how?

Best answer by MinhT1

All income derived in your 401(k) account is tax-deferred. You do not need to report these forms K-1 on your tax return.

1 reply

MinhT1Answer
June 4, 2019

All income derived in your 401(k) account is tax-deferred. You do not need to report these forms K-1 on your tax return.

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