The only way I know of is from the Tax Package Support page but Targa isn't listed there.
Remember to deduct your passive loss caryforward from prior years. It won't be on your K1 but you or your accountant should have it inyour records.
SO may not have enough shares authorized for a stock swap. If you remember DUK had to do a 1 for 3 reverse split in order to buy Progress Energy.
Would I rather have $66 or a share and a half of SO... I'll take the stock.
You're right, mlp distributions are not qualified dividends, They're even better, most of the tax is deferred until you sell your units. The trick is to never sell. If you die owning them your kids get the stepped up basis and no one ever pays the tax.
Check NGLS, APU, ETP