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Newcastle Investment Corp. Message Board

  • I know this is not a MLP board, but I found something pretty interesting yesterday. If you use Turbo Tax you can import all you companies to TT and it will do all the numbers for you. No more two hour head aches interpreting where to put something from each company from the K-1. It does everything for you.

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    • agfella: OR, you can send your K-1s to Schwab if you use them and they will do all the numbers for you. If you owe taxes on distributions from MLPs they will pay them out of your IRAs. I've found it very easy. I am waiting for one more K-1 and I will send them to Schwab. When I get their reply I just give it to my CPA to put into my taxes. They tell you what, if anything, you may owe in a cash account.

4.47+0.02(+0.45%)Oct 21 4:02 PMEDT