Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Tax Insight - LPs
Old 08-27-2012, 12:31 AM   #1
Dryer sheet wannabe
Join Date: Jul 2011
Posts: 17
Tax Insight - LPs

Been trying understand what is the final tax rate on quarterly proceeds paid by LPs (Oil & Gas, Ships,etc). Assuming the Bush tax cuts expire, and dividend rates go from 15% to 23.8%, might the proceeds from LPs offer a lower (bottom line) tax exposure ?
I've noticed the capital gains (cost basis minus sales proceeds) aspect of LPs is the same as a stock. Thnx - Mike G.
mmgoebe is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-27-2012, 05:14 AM   #2
MichaelB's Avatar
Join Date: Jan 2008
Location: Sheltered in place
Posts: 33,192
Are you referring to MLP stocks, such as Enterprise Products Partners and Kinder Morgan Energy Partners?
MichaelB is offline   Reply With Quote
Old 08-27-2012, 09:48 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 27,526
Do you get a Form K-1 for the income from these LPs? or a 1099?
pb4uski is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

» Quick Links

All times are GMT -6. The time now is 12:05 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.