Dividends from MLP

[rkennedy05]

My K-1 lists Ordinary Dividends on 6a and 6b, yet I have never received payments other than non-dividend distributions, which are listed in box L.  Shouldn't I have received the dividend payments listed on 6a/6b?

[nexchap · Accepted solution]

No.  Those are the dividends the partnership received, just like Box 1 is the profit/loss for the partnership.  As a partner, you report all this on your return.  If any of it raises/lowers your taxes, then those items also raise/lower your basis changing what you owe when you eventually sell.