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Business & farm
You should expect a K1. A lot of these big LPs/ MLPs issue taxpayers K1s with incredibly small figures. You get one if you own or owned an interest, however small. Your return would show any distributed share of income/ loss, and the K1 could have a lot more info on it than dividends. In fact, many people find the input of these MLP k1s to be quite onerous.
Some of it may involve dividends, but the K1 is bound to be a lot more involved than simply showing dividends.
Some of it may involve dividends, but the K1 is bound to be a lot more involved than simply showing dividends.
‎June 4, 2019
10:44 PM