Recent

% | $
Quotes you view appear here for quick access.

Kinder Morgan Energy Partners, Message Board

  • tlturbo2 tlturbo2 Mar 10, 2012 10:39 AM Flag

    Simple tax filing question

    Sorry but this is my first year with MLP's and I have a simple question.
    I am using H&R Blocks Home version and simply filing in the blocks from the K-1 boxes. Am I safe in assuming this will take care of putting everything where it belongs?
    Question is - is this considered PASSIVE? I have a loss in Box 1 and if I say PASSIVE, it disallows claiming the loss but NON-PASSIVE allows the loss and my IRS return amount is a lot better.
    Sorry to sound stupid but thanks for any answers.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
KMP
0.00(0.00%)