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businessguru75 businessguru75 • Jan 2, 2013 9:56 AM Flag

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MLP tax status unchanged???
I'm shocked!!! Not really.....Same story, here come the money flows into MLP's to get essentially a tax free distribution and all the funds people were selling that issue DIV rather than K-1, will come back as well with 20% being reasonable. Back toward 55.....
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- ngaibruce ngaibruce • Jan 2, 2013 10:50 AM Flag
  
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  Haven't confirmed yet but apparently the LTCG tax remains at 15 percent if you earn less than $400K (single), $450K (married). I would love to be able to say that posed a problem for me but I'm a retiree living on a small annuity as well as returns from my investments.
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  - businessguru75 businessguru75 • Jan 2, 2013 10:53 AM Flag
    
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    hmmm, i think you may be right. Although the 20% remains significant as "big money" will pay a slightly higher rate and that ultimately is the market mover in the ETF's that own MLP's and are subjected to that increase in a larger manner.
    
    Most of us will pay the piper when we sell units and not before.
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