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  • Wall Street Breakfast: Must-Know News [View article]
    Sooooo, you would give the exectutives who have had to borrow YOUR money to keep their companies from going bankrupt, a free hand in determining their compensation??? It's OUR money and someone had better keep an eye on it!!!!! These guys shouldn't even be on the payroll and some should be in prison. What kind of management even allows these guys to remain in charge?
    Oct 23 21:47 pm |Rating: 0 0 |Link to Comment
  • Citigroup Makes a Good Move: Preparing to Buy Out Uncle Sam [View article]
    I'm not sure CITI's shareholders aren't better off with government looking over management's shoulder. They're the people that screwed the shareholders in the first place. I'll bet the first thing they will do is give themselves a big bonus and raise before paying dividends is even considered.
    Sep 16 12:00 pm |Rating: +4 -1 |Link to Comment
  • The Nine Best Natural Gas, Oil Pipelines for Income and Capital Gains [View article]
    The author does an excellent job of describing the tax consequences of owning MLP's in an IRA (Roth or Regular) in the 6th paragraph of the above article. I've held MLP's in my IRA for years and never came close to the $1,000.00 limit on UBTI.


    On Sep 16 08:26 AM Trevorr wrote:

    > If an MLP is owned in a Roth, isn't one absolved from any tax consequences?
    Sep 16 11:47 am |Rating: +2 0 |Link to Comment
  • Judge's Refusal of BofA / Merrill Bonuses Could Unleash Reality on Financials [View article]
    Shootpar-Banker wages have no effect on the rest of the working world's wages but do have an effect on the Bank's stockholders' return on investment. How did you come to the conclusion that what a Banker earns, affects a Laborer or Technician,s wages? Based on the Bankers' recent losses of our investments, I think they should all be investegated for fraud....not given bonuses.
    Aug 12 17:54 pm |Rating: 0 0 |Link to Comment
  • Attractive Outlook for MLPs Following September Lows  [View article]
    I'm not aware there is a dividend limit.
    Oct 03 16:25 pm |Rating: 0 0 |Link to Comment
  • Attractive Outlook for MLPs Following September Lows  [View article]
    ClarkF- as I understand the IRA rules, the $1,000 per year limit is on the "Unrelated Business Taxable Income" not Dividends.

    The UBTI is shown in Box 20-V on the K-1. Most of the MLP's I own have a negative UBTI.
    Oct 03 12:52 pm |Rating: 0 0 |Link to Comment
  • Why Buy MLPs? [View article]
    I've held MLP's (Pipelines and Propane Distributors) in my IRA account since 2002 and have never seen a positive UBTI on any K-1. They've all been negative. Doesn't mean there will never be a positive but if you spread it around 4 or 5 MLPs its unlikely the combined amounts would net out to a positive number. Also, if you're going back to check prior years K-1 forms you will find the UBTI in box 20-P. Only the IRS knows why they changed it to 20-V. I have no background with REIT's. They may be a differant story.
    Sep 05 13:51 pm |Rating: 0 0 |Link to Comment
  • Why Dividend Investors View Stocks Differently [View article]
    To d_teller I see...line 20V of the K-1 is where the unrelated taxable income is shown. Mine all show a loss in that box. Still would like to know how the taxes would be paid if the total of box 20V were more than $1k.
    Sep 04 18:23 pm |Rating: 0 0 |Link to Comment
  • Why Dividend Investors View Stocks Differently [View article]
    To d_teller thanks for the info. If the K-1 info is not taxable, where would the taxpayer find the unrelated taxable business income and how can the taxpayer file and pay the taxes on behalf of the IRA?
    Sep 04 18:10 pm |Rating: 0 0 |Link to Comment
  • Why Dividend Investors View Stocks Differently [View article]
    Does your IRA have to file a 990-T form with the IRS and pay taxes on income exceeding $1,000.00 from MLP's like KMP, OKS, etc. ??
    Sep 04 13:09 pm |Rating: 0 0 |Link to Comment
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