Basically, you can ignore it. However, there is a catch. There should be an entry on the K-1 labeled "Unrelated Business Income". If that number exceeds $1000 in any year from all of your 401(k) investments, your 401(k) will have to file a 990 Tax Return.But why would OP, rather than the 401(k) itself, be getting the K-1?Phil
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