I have an account and received a K-1 Form. It is part of My IRA Account. Does it need to
Be included in my taxes? Ordinarily none of my gains or losses are reportable from my IRA account until I make withdrawals from the account.

If the ownership interest is in the name of the IRA so that it falls under the IRA umbrella, then the K-1 income would not be reported on your personal income tax return (and neither would a loss). However, if the K-1 shows unrelated business income then the IRA may owe taxes on that. That tax would be payable by the IRA and would still not be on your personal return.