2007-02-15 23:51:47 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Depending on the investments in your self directed IRA there could be. Your IRA has the potential to be subjected to unincorporated business income tax (UBIT). This is a very complicated subject, but the good news is that the custodian will take care of it. (Note that there are extremely limited instances where this applies). If you only own standard type investments like stocks and bonds then you would not be subject to UBIT. If I remember correctly one of the few ways this can arise is if you're trading on the margin in your IRA.
2007-02-16 00:35:03 · answer #1 · answered by smh60437 3 · 0⤊ 0⤋
All of the taxes are deferred.
2007-02-15 23:58:35 · answer #2 · answered by Anonymous · 0⤊ 1⤋
No.
2007-02-15 23:57:19 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋