How are self-directed IRAs reported to the IRS?

As with any IRA custodian, STRATA is required to report certain IRA activity to the IRS. Depending on the type of transaction, you may receive IRS forms such as:

• IRS Form 5498 – Reports IRA contributions, rollovers, transfers, and year-end fair market value
• IRS Form 1099-R – Reports distributions, rollovers, conversions, or other taxable events (if applicable)

Receiving a tax form does not necessarily mean taxes are owed. The reporting requirements depend on the type of transaction completed.

Additional reference information