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Pentair plc Message Board

unmtgtdcrst 1 post  |  Last Activity: Jul 31, 2014 8:37 AM Member since: Dec 14, 2004
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    MLPs and IRAs

    by hohoterry Jun 28, 2014 5:58 PM
    unmtgtdcrst unmtgtdcrst Jul 31, 2014 8:37 AM Flag

    I find this thread interesting in that, even my accountant doesn't know that there are no tax consequences from holding mlp's in an ira unless one has more than a thousand dollars in ebitda (sp?).
    My online broker sends me the k-1's and I pass them on to my accountant which increases my accounting bill.
    From now on they go in the round file.
    In fact my next evolutionary phase is to learn how to use turbo tax.

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