Reporting income from a MLP (Master Limited Partnership) income???


D

dman81

In my broker's 1099, I was given supplemental information that's
reporting MLP distributions $493.75. Where do I enter this
information? Thanks!

D.A.
 
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T

Tom Healy CPA

In my broker's 1099, I was given supplemental information that's
reporting MLP distributions $493.75.  Where do I enter this
information?   Thanks!
You don't put it anywhere. Look for your Schedule K-1, which provides
all the information you need to include on your tax return. Depending
on the particular MLP, it may be another month before the K-1 shows
up. If you go to https://www.taxpackagesupport.com you may find a link
to your K-1 there. Click on the tax web site for your MLP. If the K-1
isn't available yet, you can enter your email so they can send you a
notice when it's available. Have fun with all the details.
 
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