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re: can someone fill me in on the Tax implications on selling an MLP

Posted on 12/30/13 at 12:23 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 12/30/13 at 12:23 pm to
Most publicly traded partnerships issue a tax reporting guide with the annual K-1s reporting partners' shares of partnership income, loss deductions and credits. They give advice that is specific to the partnership. You should be able to find your answers in that guide.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/30/13 at 12:44 pm to
quote:

Most publicly traded partnerships issue a tax reporting guide with the annual K-1s reporting partners' shares of partnership income, loss deductions and credits. They give advice that is specific to the partnership. You should be able to find your answers in that guide.


This. Unfortunately, it seems these K-1s are always issued late.
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