@nexchap , I really want to thank you for explaining this to me. I had not considered that ET owned stock in other companies. That really explains why the main body of the K-1 had Energy Transfer FEIN number, and the same FEIN number was listed when the financial information was split out.
This brings up a question that is unrelated to this specific stock and tax return. I bought ET as I am near retirement and have been buying some dividend stocks. While doing some research on this issue, I found in another TurboTax thread that some REITs report multiple K-1s as well. I am considering a REIT, but I don't want to make my taxes even more complicated. Do REITs generally require multiple K-1 entries as well? What about an ETF that holds REITs?
Any advice you can share would be greatly appreciated.
Mike
