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iease
New Member

What do I do if I have a section of my etrade 1099 say "non 1099 distributions" totaling 4k from a MLP? Do I report it and if so, where?

 
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DavidD66
Employee Tax Expert

What do I do if I have a section of my etrade 1099 say "non 1099 distributions" totaling 4k from a MLP? Do I report it and if so, where?

In addition to the Form1099-B, you should have received a K-1 from the MLP.  Distributions will be reported on the K-1.  You need to report the information on your K-1 on your tax return.

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What do I do if I have a section of my etrade 1099 say "non 1099 distributions" totaling 4k from a MLP? Do I report it and if so, where?

Some MLPs have already issued there K-1s, but others won't be out until later in March.  If you visit their website, you should be able to get more information on when they'll be released.  There should also be information about how to get them online (most are available at taxpackagesupport.com, but partnerdatalink.com also handles some).

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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
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