BIG-T

Attractive Outlook for MLPs Following September Lows

I'm not aware there is a dividend limit.

Attractive Outlook for MLPs Following September Lows

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.

Why Buy MLPs?

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.

Why Dividend Investors View Stocks Differently

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.

Why Dividend Investors View Stocks Differently

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?

Why Dividend Investors View Stocks Differently

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. ??