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Do I have to report a K-1 when I have the MLP in an investment acct and will be reporting those dividends on 1099 DIV ?

 
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DDollar
Expert Alumni

Do I have to report a K-1 when I have the MLP in an investment acct and will be reporting those dividends on 1099 DIV ?

Yes, you have to report the K-1.  The K-1 reports several different kinds of income and expenses that need to be reported. 

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1 Reply
DDollar
Expert Alumni

Do I have to report a K-1 when I have the MLP in an investment acct and will be reporting those dividends on 1099 DIV ?

Yes, you have to report the K-1.  The K-1 reports several different kinds of income and expenses that need to be reported. 

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