Hello Robert,
So, what I understand from what you are saying is that the only time I need the K1s and figure out my basis is when I sell my ENERGY PARTNERS LP stock down the road and report the SELL event to the IRS?
And until that day, even if I own the stock for another 10 years, I need NOT enter anything in Turbo Tax and I need not mention those partnership cash distributions in my tax filings???
Thanks again!!!
