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Buckeye Partners, L.P. Message Board

masoy.philippinski 3 posts  |  Last Activity: Mar 19, 2015 10:28 AM Member since: Jun 8, 2008
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  • Reply to

    looks ike they started updating split

    by dennyl200 Mar 19, 2015 2:57 AM
    masoy.philippinski masoy.philippinski Mar 19, 2015 10:28 AM Flag

    You must be a GOD to know the price on strike date. I am a brainless guy with this kind of game. I would like to hold my position as long as I want, be it 30 years or 100 years

  • Reply to

    K-1 Tax forms

    by travelandlive Feb 26, 2015 9:24 PM
    masoy.philippinski masoy.philippinski Mar 9, 2015 8:50 AM Flag

    Maybe it is appropriate to amend your return because Form K-1 of your MLP stock is available if it is CLMT. I think IRS will not go after you if you have paid more than what you owed. But, if it is less than what you owe, may be they will audit you. Once they start auditing you, it will audit you three to five in a row. I had real estate deductions, and boy, every deduction they question it and disallowed. Well, I had my share of experience with them, and I promised myself not to mess with them anymore.

  • masoy.philippinski by masoy.philippinski Mar 9, 2015 7:50 AM Flag

    Am very surprised to see #1 of my K-1 is +$1,640. Have 1000 unit only, meaning it is $1.64 per unit. For whole year, LINE is reporting a loss of $1.40 per unit. Out of my 16 MLPs , this one I cannot understand the accounting of my K-1 form. Am I screwed here?

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