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Energy Transfer Partners, L.P. Message Board

  • AnotherAnonOne AnotherAnonOne Aug 22, 2012 12:45 PM Flag

    state tax consequences

    This week's Barrons has a cover article on MLPs. There is also a sidebar article titled "When Big Payouts Mean Big Headaches" concerning tax consequences of MLPs.

    In the article is this statement:

    "What's more, the biggest MLPs are pipeline businesses, many of which transport oil, gas and natural gas across state lines. That means you could have tax liabilities in multiple states, regardless of where you live."

    Have any of you had to deal with this issue, and had to file tax returns in multiple states because of ownership of a pipeline MLP?

    Thanks.

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