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What tax forms to file for self-directed IRA?

San Diego, CA |

I setup a self-directed IRA to invest in a franchisee using Guidant's product. It's a C corporation owned by 90% of my 401k trust company and 10% of my name. How do I file the taxes so the income or gain is still under the tax-deferred shelter?

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Attorney answers 1

Posted

I strongly recommend that you hire a tax lawyer for this issue. You may also want to cnsult with an accountant as well. Good luck.

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