I'm a new investor in SJT. Does SJT send the same K-1 information as pipeline companies? Any help would be appreciated. Thanks.
Just this am. recieved my IRS data from SJT thrumy broker, 12 pages. A 10 yr. old could file !!
SJT is NOT a partnership and it does not provide unit holders with a K-1. It is a trust in which unit holders have a proportionate share of the royalties on O&G interests held by the trustee.The tax data for SJT is explainted completely at www.sjbrt.com. Go to the annual report and look at the tax infomration link.
Thank you for the info. By the way it's there a simple way to file the tax. It does look quite complecated, especially on the depreciation part. Am I right?
I just received my tax kit from SJT in the mail yesterday. It is not a K-1 (which I get from Kinder-Morgan). It looks pretty complex at first glance. Oh, well.