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I am hoping someone can help me with this...
I purchased shares of Enterprise Products Partners L.P. and hold them in my 401K account. I believe all stock dividend and interest income held within a 401K is not taxed until distibutions are made. Further, I do not believe that gains or losses are noteworthy until the time of distribution.
I am puzzled, because I received a Form 1065 K1 from EPD, and I don't know what to do with it. Do I ignore it because it resides in my 401K, or do I report it?
Thank you for your help!
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