Tax Court Says Royalties Paid to Roth IRA Were Excess Contributions to IRA

The U.S. Tax Court recently issued another opinion involving a LLC owned by a self-directed IRA. The case is Block Developers, LLC v. Commissioner, T.C. Memo. 2017-142. The case invovles an IRA LLC that purchased a patent and then licensed ….. The post Tax Court Says Royalties Paid to Roth IRA Were Excess Contributions to IRA appeared first on Houston Tax Attorney.
Source: Houston Tax Attorney

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