Business & farm

Quick follow-up question on this thread. I have owned units in multiple MLPs for years and adhered to what @GeoffreyG stated ("it is common practice in the tax accounting community to simply "ignore" the state schedules for publicly-traded MLPs"). In other words, I have only filed an income tax return for my state of residence (Colorado)). Having said that, is there anything I should be doing with the state apportionment for my state of residence? For example, below is the 2024 state apportionment for one of the MLPs I own units in. Should I do anything with the information for the CO row on my Colorado income tax return? Does this information increase or decrease my state tax liability in any way?

 

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