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NuStar Energy L.P. Message Board

  • prmsu prmsu Apr 4, 2013 7:33 PM Flag

    Nustar doesn't know what they put in K1?

    I called Nustar to ask whether 16D is foreign source other income including interest, or dividend, or capital gain distributions, or capital gains. Two persons from K-1 support line (1-800-310-6595) said that they don't know and told me to ask IRS or my CPA. They said that we don't need to report anything in box 16 if 16L is less than 350. However, the CPA from TaxAct said that she hasn't heard of it. Is it ridiculous that Nustar don't know what they put into the K-1 form and send to us? What's the right resource in Nustar for us to get the correct answer for K1? I sold all my Nustar stocks a few days ago to avoid any tax headache in the future.

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