InfraCap MLP ETF (AMZA)

[RyGuy]

While I am not a tax advisor. I have completed my own taxes for a number of years using common tax software like TaxAct.

My IRA has had distributions from MLP's. My K-1's I receive from my unit holdings in MLP's so far have all been treated the same. As the K-1 has my IRA listed as the recipient of the distributions.

Here is what TaxAct software has said about the distributions reported to me on schedule K-1.

If Part II, Item I of your Schedule K-1 indicates that the K-1 was issued to the IRA and not to you as an individual, you should not report the information on your individual income tax return. Federal tax law requires that a Schedule K-1 be sent to every unitholder (individual or business). If your IRA held units of the entity, you will receive a K-1. You will report income on your return when you take distributions from the IRA.