Currently, IPR represents interproximal collision, not interproximal reduction. It gets automatically added whenever two teeth move into contact with each other. An equal amount of material gets removed from both teeth. A red line represents the area of collision, and a number in millimeters above the area of contact displays the amount of interproximal collision.

There are 3 ways to remove interproximal collision:
There is one way to hide interproximal collisions: Use IPR on the Layers panel on the bottom left to control its visibility.
When you export your models, an export report gets generated along with your models and saved with them. This report gives the total amount of interproximal collision to perform at each location. It depends on you at which stage the IPR should be processed.
For more details on export report, view Export report →